The IHS Markit France Services PMI fell to 47.8 in January 2019 from 49 in December, but above a preliminary reading and market expectations of 47.5, final figures showed. The latest reading pointed to the fastest pace of contraction since February 2014, as new business dropped the most for over five-and-a-half years mainly due to the disruption caused by the 'gilets jaunes' movement and softer foreign demand. Also, employment growth slowed to the weakest rate in two years and backlogs of work fell for the first time in almost three years. On the price front, input price inflation eased to the weakest pace in nine months while output cost rose to the fastest rate since June last year. Finally, confidence was unchanged from December's 25-month low. Services PMI in France is reported by Markit Economics.

Services PMI in France is expected to be 50.10 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 52.00 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 103.00 103.00 124.00 66.00 Index Points [+]
Manufacturing PMI 51.20 49.70 58.80 42.70 [+]
Services PMI 47.80 49.00 62.90 40.20 Index Points [+]
Composite Pmi 48.20 48.70 60.30 41.90 Index Points [+]
Industrial Production -1.40 -2.20 12.10 -19.30 percent [+]
Industrial Production Mom 0.80 -1.50 4.00 -4.80 percent [+]
Manufacturing Production -1.00 -2.30 68.90 -27.10 percent [+]
Capacity Utilization 85.00 85.20 90.30 71.40 percent [+]
New Orders -11.60 -12.90 26.00 -65.20 Index Points [+]
Bankruptcies 407.00 338.00 811.00 183.00 Companies [+]
Zew Economic Sentiment Index -23.70 -28.30 79.80 -63.90 [+]
Car Registrations 173435.00 162340.00 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 -0.40 -3.10 24.50 -27.00 percent [+]
Steel Production 1132.45 1352.20 2466.00 643.00 Thousand Tonnes [+]
Changes In Inventories 2577.00 2533.00 8505.00 -5843.00 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 56085.00 48906.00 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
47.80 49.00 62.90 40.20 2008 - 2019 Index Points Monthly




Country Last Previous
Australia 44.30 Jan/19
Brazil 52.00 Jan/19
China 53.60 Jan/19
Euro Area 51.20 Jan/19
France 47.80 Jan/19
Germany 53.00 Jan/19
India 52.20 Jan/19
Italy 49.70 Jan/19
Japan 51.60 Jan/19
Russia 54.90 Jan/19
Spain 54.70 Jan/19
United Kingdom 50.10 Jan/19
United States 54.20 Jan/19


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