The S&P Global France Services PMI fell to 48.4 in August 2026 from 49.6 in July, signaling a faster contraction in services activity, preliminary estimates showed. The reading also defied market expectations for the contraction to ease to 49.8. The downturn was accompanied by further workforce cutbacks, contrasting with the fastest pace of factory job creation in a year. Cost pressures increased at a faster pace among service providers, while selling prices rose at the fastest rate since May. Service companies also cleared backlogs of work at a faster pace in August. Business confidence weakened, with optimism toward the year-ahead outlook falling to its lowest level since May amid uncertainty surrounding the international landscape and domestic political situation. source: S&P Global

Services PMI in France decreased to 48.40 points in August from 49.60 points in July of 2026. Services PMI in France averaged 50.93 points from 2008 until 2026, reaching an all time high of 62.90 points in April of 2011 and a record low of 10.20 points in April of 2020. This page provides the latest reported value for - France Services PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Services PMI in France decreased to 48.40 points in August from 49.60 points in July of 2026. Services PMI in France is expected to be 49.10 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the France Services PMI is projected to trend around 52.00 points in 2027 and 52.50 points in 2028, according to our econometric models.



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Industrial Production -0.10 3.10 percent Jun 2026
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France Services PMI
The S&P Global France Services PMI is compiled by S&P Global from responses to questionnaires sent to a panel of around 400 service sector companies. The sectors covered include consumer (excluding retail), transport, information, communication, finance, insurance, real estate and business services. The headline figure is the Services Business Activity Index. This is a diffusion index calculated from a question that asks for changes in the volume of business activity compared with one month previously. The Services Business Activity Index is comparable to the Manufacturing Output Index. The index varies between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.

News Stream
France Services Contraction Unexpectedly Deepens
The S&P Global France Services PMI fell to 48.4 in August 2026 from 49.6 in July, signaling a faster contraction in services activity, preliminary estimates showed. The reading also defied market expectations for the contraction to ease to 49.8. The downturn was accompanied by further workforce cutbacks, contrasting with the fastest pace of factory job creation in a year. Cost pressures increased at a faster pace among service providers, while selling prices rose at the fastest rate since May. Service companies also cleared backlogs of work at a faster pace in August. Business confidence weakened, with optimism toward the year-ahead outlook falling to its lowest level since May amid uncertainty surrounding the international landscape and domestic political situation.
2026-08-21
France Services Activity Revises Slightly Lower
The S&P Global France Services PMI rose to 49.6 in July 2026, revising slightly lower from the preliminary estimate of 49.8, but improved from June's 46.8. The latest reading signaled only a marginal contraction in business activity, marking the softest decline since the contraction began in the second quarter. The downturn eased as new orders increased for the first time since November, supported by stronger domestic demand. However, export sales declined for a twelfth consecutive month, highlighting continued weakness in overseas demand. Labor market conditions weakened further, with employment falling at a faster pace due to the expiration of fixed-term contracts and the non-replacement of voluntary leavers. On the price front, input cost inflation eased to a five-month low, while output charge inflation slowed to a three-month low. Lastly, business confidence improved but remained subdued amid concerns over the political environment and higher interest rates.
2026-08-05
France Services Sector Hits 7-Month High
France's S&P Global Services PMI rose to 49.8 in July 2026, up from 46.8 in the previous month and exceeding market expectations of 47.5, signaling the softest contraction in business activity in seven months as the index moved closer to the 50.0 threshold. The latest reading was the highest since the outbreak of the Middle East conflict, reflecting a broad stabilization in the services sector. Demand improved, with new business expanding for the first time since November, supported by stronger domestic sales, although new export orders continued to decline sharply for an eighth consecutive month. Employment fell for a third straight month as firms remained reluctant to hire amid subdued business confidence, with some citing uncertainty ahead of next year's presidential election and the ongoing economic fallout from the Middle East conflict. On the price front, both input cost and output price inflation eased for a second straight month, further moderating price pressures.
2026-07-24