French factory activity contracts in September as energy prices weigh – PMI
France S&P Mfg Actual PMI 47.7 (forecast 47.8, previous 47.8)
“Companies said rising energy prices were the biggest factor at play in September,” said S&P senior economist Joe Hayes.
Excluding declines seen since the start of the pandemic, it was the biggest contraction in nearly a decade, S&P Global said, adding it indicated “deteriorating health” in the sector. .