{
  "id": "401040",
  "title": "HCOB Composite PMI Final",
  "country": "FR",
  "indicator": "Composite PMI",
  "parent_publication": "HCOB Manufacturing PMI Final Release",
  "source": "S&P Global",
  "source_domain": "pmi.spglobal.com",
  "source_news_coverage": "investinglive.com",
  "period": "February 2026",
  "reference_date": "2026-02-28T00:00:00Z",
  "release_date": "2026-03-04T08:50:00Z",
  "actual": 49.9,
  "previous": 49.1,
  "forecast": 49.9,
  "currency": "EUR",
  "importance": -1,
  "document_status": "retrieved",
  "retrieval_method": "Direct web access via Investing Live news coverage",
  "raw_file": "raw/401040.html",
  "result_file": "results/401040_result.md",
  "source_accessibility": "Direct S&P Global PMI portal is CloudFront-protected; retrieved via secondary source (Investing Live) containing full HCOB quotes and analysis",
  "indicators_covered": [
    "Manufacturing PMI Final: 50.1 (vs 51.2 prior, 49.9 flash)",
    "Composite PMI Final: 49.9 (vs 49.1 prior)",
    "Services PMI: 49.6 (vs 48.4 prior)",
    "Production Index (expansion for 2nd straight month)",
    "New Orders Index (in decline)",
    "Inventories of Finished Goods (increased)",
    "Input Cost Inflation (accelerated)",
    "Business Confidence (improved vs. 2023-2025 average)"
  ],
  "key_insights": [
    "Manufacturing PMI revised up to 50.1 from 49.9 flash, indicating marginal expansion",
    "Composite PMI at 49.9 shows stagnation below 50 expansion threshold",
    "Production increased for 2nd consecutive month, supported by automotive and aerospace",
    "New orders remain in decline; export weakness persists",
    "Input cost inflation accelerated on higher metals prices",
    "Firms returning to inventory building after 3 years of destocking",
    "Business confidence improving, driven by expected public sector demand"
  ],
  "metadata_version": "1.0",
  "extraction_date": "2026-03-17"
}
