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    04.01.2016 10:24 France’s final manufacturing PMI increases to 51.4 in December

    Markit Economics released its final manufacturing purchasing managers' index (PMI) for France on Monday. France's final manufacturing purchasing managers' index (PMI) rose to 51.4 in December from 50.6 in November, down from the preliminary reading of 51.6. It was the highest level since March 2014.

     

    The index was driven by a rise in output and new orders.

     

    "The French manufacturing sector maintained its recent modest growth momentum at the end of 2015, with the headline PMI climbing to its highest level since early-2014. Falling commodity prices gave manufacturers scope to cut their output charges further, which they will hope will support continued growth in new orders early in the New Year," Markit Senior Economist Jack Kennedy said.


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