France August final manufacturing PMI 51.1 vs 51.5 prelimPrior 49.8This reaffirms a mild rebound in French manufacturing activity in August, bolstered by better production growth. That being said, new orders continued to shrink further and that's a signal that demand conditions remain rather subdued.Some added good news at least is that inflationary pressures receded further on the month, even assuppliers' delivery times lengthened to a sharper degree. Bothinput prices and output charges rose at their slowest ratessince February, but still above levels seen before the US-Iran conflict.S&P Global notes that:"On the surface, it's a much better PMI report forFrance's manufacturing sector, but it's difficult to drawmuch optimism from these figures as the data revealstill-weak demand, falling business confidence and moreaggressive destocking. This makes August's renewedoutput expansion an unconvincing one."Falling inflationary pressures are a positive outcomeconsidering the step-up in oil prices over the summer.The disinflationary trend seen in factory gate pricescould provide a much-needed tailwind for order books." This article was written by Justin Low at investinglive.com.