France July final manufacturing PMI 49.8 vs 50.0 prelim

France’s final July manufacturing PMI was revised slightly lower to 49.8 from the 50.0 preliminary reading, down from 51.2 in the prior month, confirming a modest deterioration in factory activity. The report showed a third consecutive monthly decline in new orders, weaker production, and reduced purchasing activity, indicating soft demand conditions in the French industrial sector. Input cost inflation eased to a four-month low, but output prices continued to rise, suggesting manufacturers still face margin pressure. S&P Global warned that rising oil and energy prices late in the month could worsen confidence and demand going forward. The data is mildly negative for the France 40 as it signals slower domestic growth, though the impact may be limited unless broader European PMI weakness deepens.