empty
 
 

2026.05.0607:50:00UTC+00French Services Sector Weakens as HCOB PMI Slips Deeper into Contraction in April

France’s services sector lost further momentum in April, with the HCOB France Services Purchasing Managers’ Index (PMI) slipping to 46.5, down from 48.8. The latest reading, updated on 06 May 2026, indicates that activity in the country’s dominant services industry has moved deeper into contraction territory.

A PMI figure below the 50.0 threshold signals a decline in business activity, and the April data suggest that service providers faced a more challenging operating environment than in the previous month. The drop from 48.8 to 46.5 underscores mounting pressure on the sector, which plays a central role in France’s broader economic performance.

With both the previous and current readings recorded for April 2026, the deterioration highlights a notable month-on-month weakening in sentiment and output, raising concerns over the resilience of domestic demand and the outlook for the French economy in the near term.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback