EUR French Final Services PMI
It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;
Above 50.0 indicates industry expansion, below indicates contraction. The 'Previous' listed is the 'Actual' from the Flash release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Mar 2008, is the earliest and thus tends to have the most impact;
- EUR French Final Services PMI Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Jul 3, 2024 | 49.6 | 48.8 | 48.8 |
Jun 5, 2024 | 49.3 | 49.4 | 49.4 |
May 6, 2024 | 51.3 | 50.5 | 50.5 |
Apr 4, 2024 | 48.3 | 47.8 | 47.8 |
Mar 5, 2024 | 48.4 | 48.0 | 48.0 |
Feb 5, 2024 | 45.4 | 45.0 | 45.0 |
Jan 4, 2024 | 45.7 | 44.3 | 44.3 |
Dec 5, 2023 | 45.4 | 45.3 | 45.3 |
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- EUR French Final Services PMI News
- From pmi.spglobal.com|12 hr ago
France's service sector concluded the second quarter with a further monthly contraction in business activity, latest HCOB PMIŽ data showed, as the sharpest fall in new orders since January weighed on output. In some cases, survey respondents linked the softening to the uncertainty surrounding July's general election. Business confidence also weakened, as did jobs growth. Notably, output prices rose at a marginal pace that was the weakest in over three years. The rate of inflation in services charges was broadly level with its ...
- From pmi.spglobal.com|Jun 5, 2024
The French service sector experienced a slight setback midway through the second quarter. After rising in April for the first time in nearly a year, activity levels shrank marginally during May. That said, there was a sustained pick-up in sales, driven by domestic demand, while employment continued to rise. The survey's prices measures also showed inflationary pressures cooling across France in May. Rates of increase in input costs and output charges were at their weakest since the July and May of 2021, respectively. The seasonally ...
- From pmi.spglobal.com|May 6, 2024
The French services economy began the second quarter of 2024 in expansion territory, latest HCOB PMIŽ data produced by S&P Global showed, marking the first month of growth in business activity since May 2023. Higher output levels were reportedly a result of improving demand conditions, albeit primarily within the domestic market as new business from international customers contracted at a quicker rate. Business confidence remained firmly positive, while jobs growth accelerated to a nine-month high. There was also a further cooling of ...
- From pmi.spglobal.com|Apr 4, 2024
Activity levels within France's service sector continued to shrink at the end of the first quarter, latest HCOB PMIŽ data from S&P Global showed, as sustained weakness in the broader economy weighed on sales performances. That said, contractions in output and new orders remained considerably softer than those seen in the second half of 2023 as anecdotal responses suggested some improvement in underlying conditions compared to the previous quarter. Positively, firms' growth expectations jumped sharply since February to their most ...
- From pmi.spglobal.com|Mar 5, 2024
France's service sector contracted midway through the first quarter, although the rate of decline slowed markedly to the softest over the current nine-month downturn. The slower decrease in business activity came amid signs of recovery in demand as new export sales expanded for the first time since last May. Survey respondents also grew more optimistic towards the outlook for business activity, with growth expectations reaching a seven-month high. Meanwhile, although input costs increased at the slowest pace for two-and-a-half years, ...
- From pmi.spglobal.com|Feb 5, 2024
France's service sector saw its downturn extend into the new year, latest HCOB PMIŽ data, compiled by S&P Global showed, as client hesitancy and generally subdued demand conditions reportedly weighed on activity and new business inflows. There were some positive findings in the survey data, however, as business confidence ticked up to a five-month high and employment growth was sustained. However, inflationary pressures intensified. The seasonally adjusted HCOB France Services PMIŽ Business Activity Index which measures changes in ...
- From pmi.spglobal.com|Jan 4, 2024
As has been the case since the mid-point of 2023, the latest HCOB PMIŽ survey, produced by S&P Global, showed falling levels of output across France's service sector. Fragile demand conditions remained a key feature of the survey, with client appetite reportedly fading. Employment growth was maintained, albeit only marginally, but business confidence improved markedly to reach a four-month high. The seasonally adjusted HCOB France Services PMIŽ Business Activity Index which measures changes in the volume of business activity ...
- From pmi.spglobal.com|Dec 5, 2023
Weakness in the French service sector extended to November, HCOB PMIŽ data showed, as new business receipts fell at the fastest pace in three years, leading activity levels to fall strongly yet again. Growth expectations for the next 12 months subsequently weakened, while the upturn in employment was only marginal as some companies resorted to lay-offs to reduce costs. As for prices, output charge inflation ticked up to a four-month high as input cost pressures remained historically sharp. The seasonally adjusted HCOB France Services ...
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Released on Jun 5, 2024 |
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Released on May 6, 2024 |
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Released on Apr 4, 2024 |
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Released on Mar 5, 2024 |
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Released on Feb 5, 2024 |
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Released on Jan 4, 2024 |
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Released on Dec 5, 2023 |
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