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Revised 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
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About Revised Manufacturing PMI in France

The revised 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 shows the final figures adjusted based on initial estimates.

PMI uses 50 as a benchmark, where a value above 50 indicates expansion in manufacturing, while below 50 indicates contraction. The revised values provide a more accurate reflection of manufacturing economic activity by correcting initial estimates.

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

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