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June Flash PMI: Election Uncertainty Weighs On Output; Inflation Eases

FRANCE DATA

The French flash June PMI was weaker than expected for both the services and manufacturing components, helping Bunds and OATs extend early gains. The services PMI was 48.8 (vs 49.9 cons, 49.3 prior) while manufacturing weakened to 45.3 (vs 46.8 cons, 46.4 prior).


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The French flash June PMI was weaker than expected for both the services and manufacturing components, helping Bunds and OATs extend early gains. The services PMI was 48.8 (vs 49.9 cons, 49.3 prior) while manufacturing weakened to 45.3 (vs 46.8 cons, 46.4 prior).


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