Reported about 13 hours ago
French private sector activity saw a further decline in June, as both the manufacturing and services sectors struggled, according to S&P Global. The services PMI fell to 48.7 and the manufacturing PMI dropped to 47.8, indicating contraction in both areas. Factors contributing to this downturn included excess client stock, difficult market conditions, and geopolitical tensions, particularly regarding tariffs and conflicts in the Middle East.
Source: YAHOO