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. source: S&P Global

Services PMI in France increased to 49.80 points in July from 46.80 points in June of 2026. Services PMI in France averaged 50.94 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 increased to 49.80 points in July from 46.80 points in June of 2026. Services PMI in France is expected to be 48.00 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.



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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 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
France Services Sector Edges Up in June
France's S&P Global Services PMI rose to 46.8, revised down from the preliminary estimate of 47.4, in June 2026 from 44.3 in May, marking its first increase since February. The latest reading signaled a softer contraction in business activity but remained below the 50.0 threshold. The decline in output and new orders eased to the slowest pace since March as firms continued to cite weak demand, higher prices, and the Middle East conflict as key headwinds, though export demand showed signs of improvement. Employment fell for a fifth consecutive month, but the pace of job cuts slowed. On the pricing front, input cost inflation eased to a three-month low despite continued increases in fuel, energy, and wage costs, while output price inflation moderated. Business confidence also improved slightly after four months of declining sentiment.
2026-07-03
France Services Sector Hits 3-Month High
The S&P Global France Services PMI rose to 47.4 in June 2026, picking up from a more than five-year low of 44.3 in the previous month and better than market expectations of 45.5, flash estimates showed. It marked the highest reading since March, as business activity contracted at a slower pace amid tentative improvements in new orders and client demand. On the pricing front, inflationary pressures softened from the previous month but remained significantly elevated compared with levels seen before the outbreak of the Middle East conflict. Looking ahead, business expectations for the next twelve months improved for the first time this year. However, overall optimism remained subdued by historical standards, as rising fuel costs, ongoing geopolitical tensions in the Middle East, and broader economic uncertainty continued to weigh on confidence.
2026-06-23