- Prior 53.9
- Composite PMI 52.4 vs 53.8 prelim
- Prior 52.7
The supposed improvement of the French economy wasn't as great as initially estimated and in fact, the composite reading for April shows a drop compared to March now after the revisions. It's still a strong performance by the services sector and the economy is still in growth territory, so there's that. HCOB notes that:
