The S&P Global France Services PMI fell to 48.4 in October 2026 from 51.2 in September, returning to contraction territory, according to preliminary estimates. The reading also came in below market expectations of 50.7. The downturn reflected a sharp decline in demand for services, amid heightened political uncertainty and tighter financial conditions. Business confidence also weakened, with firms' expectations for activity over the next 12 months falling to their lowest level in six and a half years. source: S&P Global

Services PMI in France decreased to 48.40 points in October from 51.20 points in September of 2026. Services PMI in France averaged 50.92 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 October from 51.20 points in September of 2026. Services PMI in France is expected to be 49.90 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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Bankruptcies 5757.00 6018.00 Companies Jul 2026
Business Climate Indicator 97.00 96.00 points Oct 2026
Business Confidence 105.30 101.30 points Oct 2026
Capacity Utilization 76.77 76.41 percent Sep 2026
Car Production 1463991.00 1357701.00 Units Dec 2025
Car Registrations 156629.00 94351.00 Units Sep 2026
Changes in Inventories -2343.00 3691.00 EUR Million Jun 2026
Composite Leading Indicator 100.66 100.59 points Sep 2026
Corruption Index 66.00 67.00 Points Dec 2025
Corruption Rank 27.00 25.00 Dec 2025
Electricity Price 129.81 124.92 EUR/MWh Oct 2026
Electricity Production 39941.77 44312.22 Gigawatt-hour Aug 2026
Industrial Production 0.30 -0.60 percent Aug 2026
Industrial Production MoM -0.30 -0.60 percent Aug 2026
Manufacturing Production -0.10 -2.00 percent Aug 2026
Mining Production -5.20 -5.20 percent Aug 2026
Natural Gas Stocks Capacity 123.88 123.88 TWh Oct 2026
Natural Gas Stocks Injection 349.27 204.91 GWh/d Oct 2026
Natural Gas Stocks Inventory 108.00 107.82 TWh Oct 2026
Natural Gas Stocks Withdrawal 174.30 298.10 GWh/d Oct 2026
New Orders -15.80 -13.80 points Sep 2026
New Car Registrations YoY 11.60 7.40 percent Sep 2026


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 Activity Contracts in October
The S&P Global France Services PMI fell to 48.4 in October 2026 from 51.2 in September, returning to contraction territory, according to preliminary estimates. The reading also came in below market expectations of 50.7. The downturn reflected a sharp decline in demand for services, amid heightened political uncertainty and tighter financial conditions. Business confidence also weakened, with firms' expectations for activity over the next 12 months falling to their lowest level in six and a half years.
2026-10-23
France Services Activity Rebounds in September
The S&P Global France Services PMI stood at 51.2 in September 2026, revising lower than the preliminary estimate of 51.4 but rising from 48.0 in August, marking the first expansion in services activity since last December. Growth remained modest and below the survey average, while new business declined marginally as uncertainty weighed on sales. New export orders also fell for the 14th consecutive month, although the decline was the weakest since November 2025. Employment decreased for a fifth straight month, but the pace of job losses was marginal and the slowest since June. On the price front, input costs rose further due to higher fuel, computer hardware and raw material prices, while prices charged increased at their fastest pace in more than three years. Business expectations remained positive but weakened from August, with the forthcoming election period, higher interest rates and low client confidence weighing on the outlook.
2026-10-05
France Services Activity Rises to 10-Month High
The S&P Global France Services PMI rose to 51.4 in September 2026 from 48.0 in August, reaching a 10-month high, signalling a return to expansion in the services sector and exceeding market expectations of 48.3, preliminary estimates showed. The upturn in services activity was supported by improving demand and rising sales, while new orders increased for the first time in 10 months, pointing to a renewed improvement in business activity.
2026-09-23