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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
FRANCE DATA
MNI (London)
FRANCE APR MANUF SENTIMENT 101 (FCST 103); MAR 104
- French manufacturing sentiment dipped by three points in April to 101, the lowest since November and lower than the one-point slip anticipated by consensus.
- This remains one point above the long-term average (100).
- Overall order books and firms' expected production prospects drove the April decline, the latter falling to the lowest since November 2020. Downbeat demand remains a key concern for French manufacturing this year.
- The expected sales price trend slowed considerably, implying softer factory-gate inflation assisted by further easing in supply-chain pressures.
- The French flash manufacturing PMI for April is due tomorrow (0815 BST) and is expected to improve by half a point to 47.8, albeit signalling a third consecutive month of contractionary activity. For now, robust services are propping up demand outlooks for the French economy.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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