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Story perspectives

France's Private Sector Activity Contracts Amid Political Uncertainty

9/24/2025

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Story summary
  • French private sector activity contracted in September, steepest since April, according to S&P Global.
  • Hamburg Commercial Bank (HCOB) Flash France Composite PMI Output Index fell to 48.4.
  • Manufacturing PMI fell to 48.1.
  • New orders contracted for the sixteenth month amid subdued demand.
  • Private sector employment rose marginally. Services activity weakened, with the Services PMI at 48.9, amid political uncertainty.