France’s flash composite PMI dropped to 48.4 in October from 51.1 in September, slipping below the 50 threshold for contraction. Flash services PMI came in at 48.4 versus 50.7 expected, while manufacturing PMI was 49.3 versus 50.5 expected. Survey respondents pointed to weaker DemandHow much buyers want at a given price. Stronger demand can make buyers compete with higher offers.Read More amid political and financial uncertainty.
France's private sector reportedly contracted in October as the Composite Purchasing Managers' Index (PMI) fell to 48.4, below the 50-point threshold separating expansion from contraction. The reading suggests weakening business activity and continued pressure on economic growth. Investors are monitoring demand conditions, employment trends and European Central bankThe institution that sets monetary policy for a country or currency area, including interest-rate decisions that can move currencies.Read More policy expectations for their potential impact on French markets and the euro.
