June’s final reading signals expansion in French manufacturing, exceeding preliminary estimates and prior month figures.
France’s final June manufacturing PMI reached 51.2, up from the preliminary 50.7 and May’s 49.7. The reading indicates sector expansion after contraction in the previous month.
The upward revision suggests improving business conditions, though the pace remains modest. Analysts had anticipated a slight upward adjustment from the initial print, reflecting better-than-expected output and new orders.
Markets may view the data as a sign of stabilizing industrial activity in the eurozone’s second-largest economy.