French HCOB Construction PMI (Mar) 38.4 (Prev. 43.9)

The decline in the French HCOB Construction PMI to 38.4 from the previous 43.9 indicates a significant contraction in the construction sector, well below the neutral 50 level.

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The head of the Iranian negotiating delegation has not yet been finalised, Tasnim reports citing sources

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French HCOB Construction PMI (Mar) 38.4 (Prev. 43.9)

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This sharp drop suggests deteriorating business conditions and could influence market perceptions regarding economic growth in France, potentially leading to softer expectations for ECB policy in the near term.

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