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French Markit Composite Purchasing Managers Index (PMI)

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French Markit Composite Purchasing Managers Index (PMI)

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Latest Release
May 23, 2017
Actual
57.6
Forecast
56.7
Previous
56.6
The PMI monthly Composite Reports on Manufacturing and Services are based on surveys of over 300 business executives in private sector manufacturing companies and also 300 private sector services companies.Data is usually released on the third working day of each month.Each response is weighted according to the size of the company and its contribution to total manufacturing or services output accounted for by the sub-sector to which that company belongs. Replies from larger companies have a greater impact on the final index numbers than those from small companies.Results are presented by question asked, showing the percentage of respondents reporting an improvement, deterioration or no change since the previous month.From these percentages, an index is derived: a level of 50.0 signals no change since the previous month, above 50.0 signals an increase (or improvement), below 50.0 a decrease (or contraction).
A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
Importance:
Country:
Currency: EUR
Source: Markit
French Markit Composite Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Jun 06, 2017 (May) 03:50     57.6
May 23, 2017 (May) 03:00   57.6 56.7 56.6
May 04, 2017 (Apr) 03:50 56.6 57.4 57.4
Apr 21, 2017 (Apr) 03:00   57.4 56.2 56.8
Apr 05, 2017 (Mar) 03:50 56.8 57.6 57.6
Mar 24, 2017 (Mar) 04:00   57.6 55.6 55.9

News

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French companies' growth surges to six-year high PMIs By Reuters - May 23, 2017

PARIS, May 23 (Reuters) - Activity in the French private sector surged to a six-year high in May as growth in the dominant service sector accelerated and the election of President Emmanuel Macron ...

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French private sector output remains robust in May By Investing.com - May 23, 2017

Investing.com - French private sector activity expanded for an eleventh consecutive month in May, boosting the economic outlook of the euro zone’s second largest economy, according to data ...

text
The Week Ahead: 5 Things to Watch on the Economic Calendar By Investing.com - May 21, 2017

Investing.com - Global financial markets will focus on the Organization of Petroleum Exporting Countries highly-anticipated meeting on Thursday to see whether major producers plan to extend their ...

Analysis

Ed Yardeni
A Happier Global Economy By Ed Yardeni - Apr 28, 2017 1

Since late last year, I’ve liked what I’ve been seeing abroad, especially in emerging economies. The latest batch of data out of China was certainly surprisingly strong, though that ...

French Markit Composite PMI Discussion

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