France: Purchasing Managers Index (PMI), services
* indicates monthly or quarterly data series
The most recent value is 48.3 index points as of September 2024, a decline compared to the previous value of 55 index points. Historically, the average for France from June 2018 to September 2024 is 50.41 index points. The minimum of 10.2 index points was recorded in April 2020, while the maximum of 58.8 index points was reached in April 2022.
Click on the following link to see the values of: Purchasing Managers Index (PMI), services around the world.
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* indicates monthly or quarterly data series
- Measure: index points
- Source: Markit Economics
| Recent values | France: Purchasing Managers Index (PMI), services |
|---|---|
| 2024 Sep | 48.3 |
| 2024 Aug | 55 |
| 2024 Jul | 50.1 |
| 2024 Jun | 48.8 |
| 2024 May | 49.3 |
| 2024 Apr | 51.3 |
| 2024 Mar | 48.3 |
| 2024 Feb | 48.4 |
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Definition: The services Purchasing Managers Index (PMI) is an indicator of economic health for the services sector. The purpose of the PMI is to provide information about current business conditions to company decision makers, analysts and purchasing managers. Each country PMI survey for the services sector is based on questionnaire responses that cover the following economic variables: business activity, new business, backlogs of work, prices charged, input prices, employment, expectations for activity.
The services PMI is a number from 0 to 100. A PMI above 50 represents an expansion when compared with the previous month. A PMI reading under 50 represents a contraction, and a reading at 50 indicates no change.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Industrial production | -2.30 | 7/2024 | percent |
| Retail sales | 101.50 | 8/2024 | index points |
| Retail sales Y-on-Y | 1.00 | 8/2024 | percent |
| House price index | 126.28 | Q1/2024 | index points |
| Real residential property prices Y-on-Y change | -7.35 | Q1/2024 | percent |
| Business confidence survey | -7.00 | 9/2024 | points |
| Consumer confidence survey | -11.60 | 9/2024 | points |
| Purchasing Managers Index (PMI), composite | 47.40 | 9/2024 | index points |
| Purchasing Managers Index (PMI), manufacturing | 44.00 | 9/2024 | index points |
| Purchasing Managers Index (PMI), services | 48.30 | 9/2024 | index points |