Operating conditions across French manufacturing sector deteriorated further in November, survey results published by Markit Economics revealed Monday.
The headline seasonally adjusted purchasing managers' index fell to 48.4 in November from 49.1 in October. A reading below 50 indicates contraction of the sector. The latest reading was the slowest since June.
Production also fell at the sharpest rate since June, extending the current period of contraction to four months. New orders declined at the steepest rate in six months.
Staff levels at French manufacturers declined again in November with the pace of job shedding the sharpest since June, Markit said.
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