France Services Purchasing Managers Index (PMI)

EUR
Actual
54.4
Forecast
57.6
Previous
58.3
Latest Release
Jun 23, 2022
Importance
Overview
The French Services Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the services sector.

The report is based on surveys of over 300 business executives in private sector services companies.

Data is usually released on the third working day of each month.Each response is weighted according to the size of the company and its contribution to total manufacturing or services output accounted for by the sub-sector to which that company belongs.

Replies from larger companies have a greater impact on the final index numbers than those from small companies. Results are presented by question asked, showing the percentage of respondents reporting an improvement, deterioration or no change since the previous month.From these percentages, an index is derived: a level of 50.0 signals no change since the previous month, above 50.0 signals an increase (or improvement), below 50.0 a decrease (or contraction).

Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.

A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Jul 05, 2022 (Jun) 09:50 - 58.4
54.4
Jun 23, 2022 (Jun) 09:15 54.4 57.6
58.3
Jun 03, 2022 (May) 09:50 58.3 58.4
58.4
May 24, 2022 (May) 09:15 58.4 58.6
58.9
May 04, 2022 (Apr) 09:50 58.9 58.8
57.4
Clear All
0Selected
Please try another search
French Services PMI News & Analysis
Join French Services PMI Discussion

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100