French manufacturing slows in September
France's manufacturing sector expanded for a second straight month in September despite falling new orders. The S&P Global PMI fell to 50.6 points amid rising inflation.
Insights:
France's manufacturing sector expanded for a second straight month on Thursday morning, though growth slowed to 50.6 points as new orders fell. The S&P Global France Manufacturing PMI reading fell from 51.1 points in August, beating the flash estimate of 50.3 points. Investors face ongoing headwinds as inflation pressures and energy costs strain factory durability.
