Global Finance News
21 Aug 2026, 10:50
France Manufacturing Rebounds in August While Services Contract Further
France’s private-sector data sent mixed signals in August, with manufacturing improving while services weakened.
The HCOB Manufacturing PMI rose to 51.5 from 49.8, comfortably beating the 50.1 forecast and moving above the 50 threshold that separates expansion from contraction.
In contrast, the Services PMI fell to 48.4 from 49.6, missing expectations of 49.4 and signaling a deeper contraction in France’s much larger services sector.
Overall, the strong manufacturing rebound is encouraging, but continued services weakness suggests France’s broader economic recovery remains fragile.
France’s private-sector data sent mixed signals in August, with manufacturing improving while services weakened.
The HCOB Manufacturing PMI rose to 51.5 from 49.8, comfortably beating the 50.1 forecast and moving above the 50 threshold that separates expansion from contraction.
In contrast, the Services PMI fell to 48.4 from 49.6, missing expectations of 49.4 and signaling a deeper contraction in France’s much larger services sector.
Overall, the strong manufacturing rebound is encouraging, but continued services weakness suggests France’s broader economic recovery remains fragile.
