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01.03.2016 11:18 France’s final manufacturing PMI increases to 50.2 in February

Markit Economics released its final manufacturing purchasing managers' index (PMI) for France on Tuesday. France's final manufacturing purchasing managers' index (PMI) increased to 50.2 in February from 50.0 in January, down from the preliminary reading of 50.3.

 

The index was driven by a rise in backlogs of work.

 

"Falling new orders were again the source of weakness, leading firms to cut production levels slightly. Meanwhile, the survey's price indices point to continued downward pressure on already low inflation," Markit Senior Economist Jack Kennedy said.



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