• France's final services PMI declines to 51.0 in November

Market news

3 December 2015

France's final services PMI declines to 51.0 in November

Markit Economics released final services purchasing managers' index (PMI) for France on Thursday. France's final services purchasing managers' index (PMI) dropped to 51.0 in November from 52.7 in October from 51.9 in September, down from the preliminary reading of 51.3.

Terrorist attacks in Paris weighed on the index.

"French service sector activity growth slowed in November, with some impact from the Paris attacks reported by hotels and restaurants in particular. However, new business growth picked up to a five month high, offering encouragement that underlying demand conditions remained reasonably firm," Senior Economist at Markit Jack Kennedy said.

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