September 22, 2022 06:45 GMT
FRANCE SEP MANUF. CONFIDENCE 102 (FCST 102); AUG 103r
- A third consecutive decline in manufacturing sentiment was recorded in September. At 102, the index remains above the long-term average.
- Themes of waning demand and deteriorating production expectations were noted as economic uncertainty spreads across the euro area.
- A minor uptick in price expectations hints that headline PPI may have stalled in September.
- This data comes ahead of the prelim manufacturing PMI due tomorrow which is forecast to decline by one point and dip into contraction territory.