The IHS Markit France Services PMI fell to 49.6 in December 2018 from 55.1 in the previous month and against market expectations of a slowdown to 54.8, preliminary estimates showed. Business reported the first contraction in activity since June 2016. The latest reading was in stark contrast to the robust growth seen in 2018 overall. New orders declined while backlogs of work rose at the softest pace in 28 months. Finally, confidence towards the 12-month output declined in December. Services PMI in France is reported by Markit Economics..

Services PMI in France is expected to be 54.50 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Services PMI in France to stand at 55.70 in 12 months time. In the long-term, the France Services PMI is projected to trend around 54.00 Index Points in 2020, according to our econometric models.

France Services PMI
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France Business Last Previous Highest Lowest Unit
Business Confidence 105.00 104.00 124.00 66.00 Index Points [+]
Manufacturing PMI 49.70 50.80 58.80 42.70 [+]
Services PMI 49.60 55.10 62.90 40.20 Index Points [+]
Composite Pmi 49.30 54.20 60.30 41.90 Index Points [+]
Industrial Production -0.70 -1.00 12.10 -19.30 percent [+]
Industrial Production Mom 1.20 -1.60 4.00 -4.80 percent [+]
Manufacturing Production -1.30 -0.80 68.90 -27.10 percent [+]
Capacity Utilization 85.20 85.00 90.30 71.40 percent [+]
New Orders -12.10 -11.80 26.00 -65.20 Index Points [+]
Bankruptcies 328.00 299.00 811.00 183.00 Companies [+]
Zew Economic Sentiment Index -28.30 -20.00 79.80 -63.90 [+]
Car Registrations 173573.00 170757.00 248642.00 99444.00 [+]
Internet Speed 10756.57 10015.55 10756.57 3070.86 KBps [+]
IP Addresses 29887339.00 27078127.00 29887339.00 14688459.00 IP [+]
Mining Production 3.10 6.00 24.50 -27.00 percent [+]
Steel Production 1308.99 1341.16 2466.00 643.00 Thousand Tonnes [+]
Changes In Inventories 3229.00 4661.00 8445.00 -5851.00 EUR Million [+]
Competitiveness Index 78.01 77.40 78.01 5.05 Points [+]
Competitiveness Rank 17.00 18.00 23.00 15.00 [+]
Ease of Doing Business 32.00 31.00 38.00 26.00 [+]
Electricity Production 44439.00 40836.00 61424.00 31896.00 Gigawatt-hour [+]
Corruption Index 70.00 69.00 75.00 63.00 Points [+]
Corruption Rank 23.00 23.00 26.00 18.00 [+]


France Services PMI

The France Services PMI (Purchasing Managers' Index) is based on data collected from a representative panel of around 400 companies based in the French service sector. The index tracks variables such as sales, employment, inventories and prices. A reading above 50 indicates that the services sector is generally expanding; below 50 indicates that it is generally declining. 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. France Services PMI - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
49.60 55.10 62.90 40.20 2008 - 2018 Index Points Monthly




Country Last Previous
Australia 55.10 Nov/18
Brazil 51.30 Nov/18
China 53.80 Nov/18
Euro Area 51.40 Dec/18
France 49.60 Dec/18
Germany 52.50 Dec/18
India 53.70 Nov/18
Italy 50.30 Nov/18
Japan 52.30 Nov/18
Russia 55.60 Nov/18
Spain 54.00 Nov/18
United Kingdom 50.40 Nov/18
United States 53.40 Dec/18


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