The S&P Global France Services PMI fell to 44.3 in May 2026, revised upward from the preliminary estimate of 42.9, but remained below April's 46.5, marking the sharpest contraction in business activity since November 2020. Demand conditions deteriorated further, with new orders declining at the fastest pace in five-and-a-half years amid weaker client demand and rising cost pressures. Export demand also contracted sharply, recording one of the steepest declines since the series began in 2014. On prices, input cost inflation accelerated to its highest level in just over three years, driven by higher fuel, raw material, and computer hardware costs. Firms responded by raising selling prices at the fastest pace since June 2023. Labor market conditions weakened, with employment falling at the sharpest rate since February 2025. Meanwhile, business sentiment dropped to a one-year low as inflation concerns and uncertainty surrounding the Middle East conflict weighed on the outlook. source: S&P Global
Services PMI in France decreased to 44.30 points in May from 46.50 points in April of 2026. Services PMI in France averaged 50.97 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 44.30 points in May from 46.50 points in April of 2026. Services PMI in France is expected to be 46.00 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.