France: Markit Services Business Activity PMI: Preliminary

Macro

2026-07-24

Description

-

Published by
Markit (Choice)
Frequency
Monthly
Next Update

AI Data Insight

France's flash services PMI for Q3 2026 (July) reached 49.8, rebounding significantly from the previous 47.4 and beating market expectations of 47.5. Supported by domestic sales, services demand expanded for the first time since November last year, bringing preliminary stability to the economy. However, geopolitical risks such as the US-Iran conflict remain, which may pose pressure on the momentum of recovery and business confidence in the coming months.

AI Data Insight

France's flash services PMI for Q3 2026 (July) reached 49.8, rebounding significantly from the previous 47.4 and beating market expectations of 47.5. Supported by domestic sales, services demand expanded for the first time since November last year, bringing preliminary stability to the economy. However, geopolitical risks such as the US-Iran conflict remain, which may pose pressure on the momentum of recovery and business confidence in the coming months.

Description

-

Published by
Markit (Choice)
Frequency
Monthly
Next Update