Global Economy
French S&P Global Manufacturing PMI Final (Sep) 50.6 vs. Exp. 50.3 (Prev. 51.1)
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The final September French manufacturing PMI was 50.6, while the report also noted re-accelerating cost pressures and more aggressive charge increases across three industrial groups.
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"Against a backdrop of rising inflation, an intensification of the energy market crisis and a tightening of financial conditions, France's manufacturing sector managed to grow in September." "The re-acceleration of cost pressures brings the inflation story back into focus. Firms in all three main industrial groups raised their charges more aggressively in September."
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