France Industrial PMI Slips to 50.6 in September, Expansion Persists

France's S&P Global Industrial PMI fell to 50.6 in September from 51.1, marking a second consecutive month of expansion but with slower momentum. Weakened demand and accelerating inflationary pressures are cited, though factory production grew for a second month, a trend not seen since early 2026. The data suggests a modest growth path for the eurozone's second-largest economy, with inflation pressures a key watch point.