A post by @FirstSquawk on X.

France’s October composite PMI was revised down to 46.6 from a preliminary 48.4, signaling a sharper contraction in private-sector activity than initially estimated. The reading remains below the 50 threshold that separates expansion from contraction, pointing to worsening business conditions across services and manufacturing. The downward revision matters because it suggests weaker momentum in the euro area’s second-largest economy than flash estimates implied. Investors will watch upcoming euro-area PMIs and ECB commentary for signs of whether the weakness is broadening across the currency bloc.