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Preliminary Manufacturing PMI in France

Country:
FRFFrance
Importance:
★★
Data Trends
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Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About Preliminary Manufacturing PMI in France

The preliminary Purchasing Managers' Index (PMI) for manufacturing is an indicator used to assess economic activity in France's manufacturing sector. Published monthly by IHS Markit, this data provides initial estimates of economic activity.

PMI uses 50 as a benchmark, where a value above 50 indicates expansion in manufacturing, while below 50 indicates contraction. Preliminary figures offer an early assessment of manufacturing economic activity and are crucial for understanding short-term economic outlooks.

This data serves as a reference for policymakers to evaluate trends in manufacturing and formulate appropriate economic policies. It is also a critical source of information for businesses and investors in understanding trends in manufacturing and forecasting economic outlooks.

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