France October Services PMI Final Reading Released: Economic Growth Momentum Continues to Slow

Market research firm Markit released the final reading of France’s Services PMI for October on October 5, 2026, at 15:50.The reported value and the forecast both stood at 48.4, unchanged from the previous month. The figure remains below the 50-point threshold, indicating that economic activity in France’s services sector continues to contract.**Data Interpretation**The Services Purchasing Managers’ Index (PMI) is a key indicator measuring the activity level of purchasing managers in the services sector. Readings above 50 indicate expansion, while those below 50 signal contraction. The current reading of 48.4 demonstrates that growth momentum in France’s services sector remains subdued.**Market Impact**This data has a level 3 importance. When the published figure exceeds the forecast, it is typically positive for the euro.**Release Pattern**This data is compiled by market research firm Markit based on surveys of services sector purchasing managers and is published monthly. The next release is scheduled for December 3, 2026, at 16:50.