OECD Warns of Eurozone Growth Slowdown
France's PMI is 48.4 for 13 consecutive months of contraction.
Germany's PMI hits 16-month high of 52.4.
France's contraction linked to political instability and U.S. tariffs.
OECD warns tariffs will slow growth, French and Italian consolidations will dampen outlook, inflation near 2%.
Marcelli Fabiani notes underlying data less positive than PMI figures due to weak sentiment and export setbacks.
1 month ago