{"id":435261,"date":"2026-08-03T14:56:09","date_gmt":"2026-08-03T07:56:09","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/france-manufacturing-activity-confirmed-to-have-eased-slightly-in-july-435261\/"},"modified":"2026-08-03T14:56:09","modified_gmt":"2026-08-03T07:56:09","slug":"france-manufacturing-activity-confirmed-to-have-eased-slightly-in-july","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/france-manufacturing-activity-confirmed-to-have-eased-slightly-in-july-435261\/","title":{"rendered":"France manufacturing activity confirmed to have eased slightly in July"},"content":{"rendered":"<div>\n<ul>\n<li>July final manufacturing PMI 49.8 vs 50.0 prelim<\/li>\n<li>Prior 51.2<\/li>\n<\/ul>\n<p style=\"text-align: justify\" class=\"text-align-justify\">It&#8217;s a sluggish start to the second half of the year for French manufacturing amid an\u00a0accelerated declines in new orders, production<br \/>\nand purchasing activity. The good news at least is that cost pressures did ease markedly but S&amp;P Global did attach a caveat to that in saying: &#8220;Most of the survey data in July was<br \/>\ncollected prior to the steep rise in oil and energy prices seen<br \/>\nduring the tail-end of the month.&#8221;\u00a0So, there&#8217;s that.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">In any case, this marks a third straight month that new order inflows fell while production volumes also decreased. On the latter, the pace of decline<br \/>\nalso gathered pace but was only modest overall at least.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">Looking to price pressures,\u00a0July survey data signalled the slowest rate of<br \/>\ninput price inflation in four months. However, output charges rose<br \/>\nagain and to a pace that was only narrowly weaker than in<br \/>\nJune.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">S&amp;P Global notes that:<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">&#8220;France&#8217;s manufacturing sector is struggling once<br \/>\nagain as inflationary pressures and weak confidence<br \/>\nundermine order books.\n<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">&#8220;Oil and gas price increases in recent weeks will signal<br \/>\nto businesses that the broader macroeconomic<br \/>\nand geopolitical environments are both volatile and<br \/>\nuncertain. This will likely erode confidence further,<br \/>\nraising the risk of further demand destruction, especially<br \/>\nif inflation kicks higher.\n<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">&#8220;That said, we&#8217;ll have to wait and see if there is any<br \/>\ntemporary reprieve through renewed safety stockpiling<br \/>\nand advanced purchasing if customers deem price and<br \/>\nsupply risks to warrant it.&#8221;<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">\n<p>                            This article was written by Justin Low at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>July final manufacturing PMI 49.8 vs 50.0 prelim Prior 51.2 It&#8217;s a sluggish start to the second half of the year for French manufacturing amid an\u00a0accelerated declines in new orders, production and&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-435261","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/435261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=435261"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/435261\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=435261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=435261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=435261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}