Financial News: France Private Sector Continues To Shrink

France Private Sector Continues To Shrink

06/23/2026 - 06:21:00 (RTTNews)

(RTTNews) - France's private sector contracted for the sixth straight month in June, flash survey results from S&P Global showed Tuesday.

The flash composite output index rose to 47.6 in June from 44.9 in the previous month. However, a reading below 50.0 indicates contraction.

The pace of contraction slowed sharply from May with softer declines in output recorded in both the manufacturing and service sectors.

The services Purchasing Managers' Index climbed to 47.4 from 44.3 seen a month ago. At the same time, the factory PMI registered 50.7 compared to 49.7 in May.

"After France's first quarter GDP figure was revised lower to show a quarterly contraction, today's move higher in the French PMI will be met with a sigh of relief," S&P Global Market Intelligence Senior Principal Economist Joe Hayes said.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Spain Trade Gap Widens In April (26 min(s), 38 sec(s) ago)
(RTTNews) - Spain's foreign trade deficit increased in April from a year ago, as imports grew ...Full Story»

Taiwan Export Order Growth Slows In May (53 min(s), 38 sec(s) ago)
(RTTNews) - Taiwan's export order growth moderated for the second straight month in May, thoug ...Full Story»

German Private Sector Downturn Deepens (01 hr(s), 14 min(s), 38 sec(s) ago)
(RTTNews) - Germany's private sector contracted at the fastest pace in a year-and-a-half in Ju ...Full Story»

France Private Sector Continues To Shrink (01 hr(s), 28 min(s), 38 sec(s) ago)
(RTTNews) - France's private sector contracted for the sixth straight month in June, flash sur ...Full Story»

Hong Kong Inflation Climbs To 13-month High (02 hr(s), 39 min(s), 38 sec(s) ago)
(RTTNews) - Hong Kong's consumer price inflation accelerated in May to the highest level just ...Full Story»

Denmark Business Confidence Falls In June (03 hr(s), 21 min(s), 38 sec(s) ago)
(RTTNews) - Denmark's business confidence decreased in June to the lowest level in nearly tw ...Full Story»

French Manufacturing Confidence Falls In June (03 hr(s), 51 min(s), 38 sec(s) ago)
(RTTNews) - Confidence among French manufacturers decreased in June and returned to its long-term ...Full Story»

Europe New Car Registrations Increase: ACEA (04 hr(s), 0 min(s),38 sec(s) ago)
(RTTNews) - Europe's new car registrations increased in May despite persistent geopolitical he ...Full Story»