Markit Economics released final services purchasing managers' index (PMI) for France on Wednesday. France's final services purchasing managers' index (PMI) climbed to 50.3 in January from 49.8 in December, down from the preliminary reading of 50.6.

The index was driven by a rise in new business, backlogs of work and employment.

"The French service sector saw a return to expansionary territory in January, but the rate of growth was negligible. Lacklustre demand continued to weigh on the performance of the sector, with new orders rising at a below-trend pace," Senior Economist at Markit Jack Kennedy said.