French architecture in France

France PMI September 2019

France: Private-sector activity growth inches down in September

The IHS Markit Flash Composite Output Index (PMI) edged down to 51.3 from 52.9 in August, which had marked a nine-month high. Nevertheless, the index remained above the 50-threshold that separates expansion from contraction in business conditions.

September’s deterioration was broad-based. The service sector continued to led overall output growth, although firms reported the slowest expansion in activity since May and a downturn in international sales. On the other hand, activity in the manufacturing sector returned to contractionary territory in September amid falling new orders. Meanwhile, overall business turned slightly more optimistic in September.

Commenting on September’s result, Eliot Kerr, Economist at IHS Markit said:

“The disparity between France’s manufacturing and service sectors persisted in September, as service providers continued to record activity expansion, while there was a renewed contraction in manufacturing output. […] “However, with services firms registering their slowest rise in activity since May, fears of negative spill over effects from the manufacturing sector are coming to fruition.”

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest