FX.co ★ France's Composite PMI Shows Improvement, Reaching 50.5 in April 2024

In April 2024, France's Composite Purchasing Managers' Index (PMI) showed positive signs as it reached 50.5, marking an improvement from the previous indicator of 48.3. This increase indicates a growth in the country's private sector economic activity. The data, which was updated on 06 May 2024, suggests a potential uptick in economic performance for France. The PMI is a key indicator of the economic health of a country, with a reading above 50 indicating expansion and below 50 indicating contraction. The rise in France's Composite PMI signals a step towards economic recovery and stability in the region.