French S&P Global Manufacturing PMI Final (Jul) 49.8 vs. Exp. 50.0 (Prev. 51.2)

"France's manufacturing sector is struggling once again as inflationary pressures and weak confidence undermine order books. "Oil and gas price increases in recent weeks will signal to businesses that the broader macroeconomic and geopolitical environments are both volatile and uncertain.  "That said, we'll have to wait and see if there is any temporary reprieve through renewed safety stockpiling and advanced purchasing if customers deem price and supply risks to warrant it.