FX.co ★ French Services Sector Sees a Further Decline in October: PMI Drops to 47.1

France's services sector continues to experience a downturn as the latest data reveals a further decline in the Services PMI. For October 2025, the HCOB France Services Purchasing Managers' Index (PMI) has fallen to 47.1, down from the previous month's reading of 48.5. This data was officially updated on 24 October 2025, spotlighting ongoing challenges within the industry.

The PMI, which serves as a crucial indicator of economic health in the services sector, signals contraction when below the 50 mark. The drop from September’s figure suggests heightened pressures and perhaps a retrenchment in business activity and confidence within the sector amid perhaps economic uncertainties or fluctuations in demand.

This downward movement reflects continuous strain and might prompt discussions over necessary fiscal interventions or adjustments in policy to revitalize the ailing sector. As stakeholders digest these figures, attention may turn to how these trends might affect broader economic resilience and strategy going forward, particularly within the Eurozone's second-largest economy.