Investing.com -- The HCOB France Manufacturing Purchasing Managers’ Index, an indicator of the health of France's manufacturing sector, showed signs of improvement at the start of 2025.
The index reached its highest level since June of the previous year, according to a survey released on Monday.
The survey, conducted by S&P Global (NYSE:SPGI), showed that the index rose to 45.0 in January, up from 41.9 in December.
Though the index remains under the 50.0 threshold, which indicates growth, the increase signals a significant easing in the contraction of the manufacturing sector in France.
The index's rise suggests that the downturn in the country's manufacturing sector may be starting to soften.
The HCOB France Manufacturing Purchasing Managers’ Index is a widely watched indicator of manufacturing sector health. The index measures changes in production levels from month to month, based on surveys of purchasing managers in the manufacturing industry.
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