The IHS Markit France Services PMI declined to 51.1 in September 2019 from a nine-month high of 53.4 in August, lower than a flash estimate and market consensus of 51.6, final data showed. The latest reading pointed to the softest expansion in the service sector since April, as new orders growth slowed to four-month low mainly due to a decrease in international sales as exports fell for the first time in four months, with reductions in each covered subsector apart from Financial Intermediation. Additionally, the job creation rate increased at the slowest pace since April. On the price front, input cost inflation eased to the weakest for just over two years. Finally, service providers remained optimistic towards the business outlook, driven by expectations regarding a rise in new work. Services PMI in France is reported by Markit Economics.

Services PMI in France is expected to be 52.00 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 53.20 in 12 months time. In the long-term, the France Services PMI is projected to trend around 54.50 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 102.00 103.00 124.00 66.00 Index Points [+]
Manufacturing PMI 50.10 51.10 58.80 42.70 [+]
Services PMI 51.10 53.40 62.90 40.20 Index Points [+]
Composite Pmi 50.80 52.90 60.30 41.90 Index Points [+]
Industrial Production -1.40 0.00 12.10 -19.50 percent [+]
Industrial Production Mom -0.90 0.30 4.00 -5.00 percent [+]
Manufacturing Production -1.60 -0.10 68.90 -27.10 percent [+]
Capacity Utilization 83.40 84.40 90.30 71.40 percent [+]
New Orders -11.00 -12.60 25.90 -65.20 Index Points [+]
Bankruptcies 272.00 264.00 811.00 183.00 Companies [+]
Zew Economic Sentiment Index -21.20 -21.20 79.80 -63.90 [+]
Car Registrations 179523.00 209295.00 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 -1.90 24.50 -27.50 percent [+]
Steel Production 1049.52 1330.00 2466.00 643.00 Thousand Tonnes [+]
Changes In Inventories 3286.00 4083.00 8612.00 -5722.00 EUR Million [+]
Competitiveness Index 78.81 78.01 78.81 5.05 Points [+]
Competitiveness Rank 15.00 17.00 23.00 15.00 [+]
Car Production 2269600.00 2227000.00 3701870.00 1740220.00 Units [+]
Ease of Doing Business 32.00 31.00 38.00 26.00 [+]
Electricity Production 39804.00 42885.00 61424.00 31896.00 Gigawatt-hour [+]
Corruption Index 72.00 70.00 75.00 63.00 Points [+]
Corruption Rank 21.00 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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
51.10 53.40 62.90 40.20 2008 - 2019 Index Points Monthly




Country Last Previous
Australia 51.50 Sep/19
Brazil 51.80 Sep/19
China 51.30 Sep/19
Euro Area 51.60 Sep/19
France 51.10 Sep/19
Germany 51.40 Sep/19
India 48.70 Sep/19
Italy 51.40 Sep/19
Japan 52.80 Sep/19
Russia 53.60 Sep/19
Spain 53.30 Sep/19
United Kingdom 49.50 Sep/19
United States 50.90 Sep/19


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