France Services Purchasing Managers Index (PMI)

EUR
Actual
49.4
Forecast
49.2
Previous
49.5
Latest Release
Feb 03, 2023
Importance
Overview
The Services Purchasing Managers' Index (PMI) is a diffusion index incorporating survey results provided by firms in the services sector throughout the country. A reading above fifty suggests the service sector is expanding, while a reading below fifty suggests the service sector is in contraction. Policymakers and traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, rather than waiting for the hard data to emerge. The service sector is far larger than manufacturing sector and thus accounts for the largest share of the country’s economic output.

A reading that is stronger than forecast is generally supportive (bullish) for the EUR , while a weaker than forecast reading is generally negative (bearish) for the EUR.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Feb 21, 2023 (Feb) 13:45 - 49.8
49.4
Feb 03, 2023 (Jan) 14:20 49.4 49.2
49.5
Jan 24, 2023 (Jan) 13:45 49.2 49.8
49.5
Jan 04, 2023 (Dec) 14:20 49.5 48.1
49.3
Dec 16, 2022 (Dec) 13:45 48.1 49.1
49.3
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