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French PMI Rises - Output Expands For The First Time In 17 Months

Aug 1, 2013, 13:24 IST

This was a decent French PMI report.

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The index rose to 49.7 from 48.4. That's still in contraction, and was a hair worse than expectations.

But it's an improvement from last month, and output rose for the first time in 17 months.

From Markit:

Markit

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