Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

French Manufacturing Index Rises To 17-Month High - Output Soars To Highest In Over Two Years

Joe WeisenthalJul 24, 2013, 12:34 IST

It's clear that the recession is coming to an end in Europe.

The latest evidence: Very nice French manufacturing data from the Markit Flash PMI index.

Here's the snapshot.

Markit

The sub-50 58.8 number is still contractionary, but the multi-month highs, including that 51.3 reading on the output index indicates that the shrinkage period is rapidly coming to an end.