Frankfurt - NTC Economics reported on Monday that the French manufacturing purchasing managers' index came in at 51.5 in May, up from both the expected 51.3 reading and the previous month's 51.1 level.
However, output and employment were the only categories that saw improvements in May, rising to 52.7 and 49.4 from 52.3 and 49.0 respectively.
By Todd Wailoo