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New data PMI (Jan)

2/5/2025

actual 47.6, previous 47.5

The event is the Purchasing Managers' Index (PMI) for France in January 2025. The actual PMI value reported is 47.6, which is slightly higher than the previous value of 47.5. However, it is lower than the estimated value of 48.3.

A PMI value below 50 typically indicates a contraction in the manufacturing sector, so this data suggests a slight contraction in French manufacturing activity for the month of January.

Overall, the impact of this event on the market is considered low, as the change in the PMI value is relatively small.

This is not investment advice. Remember to verify the information provided here.

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