• France's final services PMI rises to 51.9 in September

Market news

5 October 2015

France's final services PMI rises to 51.9 in September

Markit Economics released final services purchasing managers' index (PMI) for France on Monday. France's final services purchasing managers' index (PMI) increased to 51.9 in September from 50.6 in August, up from the preliminary reading of 51.2.

The increase was partly driven by a stronger rise in new business.

"The French service sector recorded slightly firmer activity growth in September, underpinned by a pick-up in new business inflows. Over the third quarter as a whole, Composite PMI data are consistent with a modest expansion of GDP, following stagnation in the second quarter," Senior Economist at Markit Jack Kennedy said.

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