2 May 2001, 11:02 French April manufacturing PMI 49.3 vs 50.1 in March
PARIS (AFX) - The French manufacturing sector purchasing managers'
index fell to a seasonally adjusted 49.3 in April from 50.1 in March,
according to market sources.
A reading above 50 indicates that the manufacturing sector is
generally expanding, while a reading below 50 suggests that it is
generally contracting.
The index is based on a questionnaire sent to purchasing managers
in around 450 companies by purchasing managers' assocation CDAF.
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