France PMI Manufacturing rose to 51.1 in December, up from 49.6, above expectation of 49.6. PMI Services rose to 49.2, up from 48.8, above expectation of 39.3. PMI Composite rose to 49.6, up from 40.6, a 4-month high.
Eliot Kerr, Economist at IHS Markit said: “With lockdown restrictions having eased this week and a clearer pathway to immunizing the population ahead, firms can now begin working back up towards pre-coronavirus levels of activity. That expansionary mindset was exemplified by the first increase in employment for ten months and confidence levels reaching their highest since January.”
