French output falls further in June as manufacturers join service providers in contraction territory

From pmi.spglobal.com

French private sector activity decreased further midway through 2025, thereby stretching the current downturn that began in September 2024. The contraction was broad-based by sector and led by manufacturing, which experienced its first decline in production for three months. June data showed another deterioration in demand for goods and services. Job cuts were also recorded, as outstanding business volumes fell. The aggregate rate of input cost inflation was broadly similar to May, while selling prices rose only marginally due to a lack of sales. One positive development in the latest data was a rebound in business ... (full story)