Financial News: French Private Sector Contracts Most In 14 Months

French Private Sector Contracts Most In 14 Months

04/23/2026 - 05:58:00 (RTTNews)

(RTTNews) - France's private sector shrank the most since early 2025 in April reflecting deterioration in the service sector as manufacturing output grew at the strongest pace in over four years, data from S&P Global showed Thursday.

The flash composite output index fell to a 14-month low of 47.6 in April from 48.8 in March. The score was forecast to fall to 48.6.

The services Purchasing Managers' Index dropped more-than-expected to 46.5 in April from 48.8 a month ago. The reading was seen at 48.5.

The manufacturing PMI posted a 47-month high of 52.8 in April, up from 50.0 in March. The score was above forecast of 49.5.

"The service economy has deteriorated due to a diminishing willingness to spend - a typical consequence of uncertainty - pulling overall business activity levels lower," S&P Global Market Intelligence Principal Economist Joe Hayes said.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

French Manufacturing Confidence Improves In April (16 min(s), 15 sec(s) ago)
(RTTNews) - French manufacturing confidence rebounded slightly in April and returned to its long-t ...Full Story»

German Private Sector Slips Into Contraction (57 min(s), 15 sec(s) ago)
(RTTNews) - Germany's private sector contracted for the first time in almost a year in April, ...Full Story»

French Private Sector Contracts Most In 14 Months (01 hr(s), 31 min(s), 15 sec(s) ago)
(RTTNews) - France's private sector shrank the most since early 2025 in April reflecting deter ...Full Story»

Poland Retail Sales Growth Strongest Since April 2022 (02 hr(s), 11 min(s), 15 sec(s) ago)
(RTTNews) - Poland's retail sales growth accelerated in March to the strongest level in nearly ...Full Story»

Singapore Inflation Climbs To 1.8%, Highest In 18 Months (02 hr(s), 42 min(s), 15 sec(s) ago)
(RTTNews) - Singapore's consumer price inflation accelerated in March to the highest level in ...Full Story»

Europe Car Sales Rebound In March (03 hr(s), 24 min(s), 15 sec(s) ago)
(RTTNews) - Europe's new car registrations logged strong growth in March driven by the surge i ...Full Story»

India Private Sector Growth Rebounds In April (03 hr(s), 49 min(s), 15 sec(s) ago)
(RTTNews) - India's private sector growth accelerated in April after receding in March due to ...Full Story»

UK Budget Deficit Narrows In March (05 hr(s), 09 min(s), 15 sec(s) ago)
(RTTNews) - The UK budget deficit narrowed in March, reaching its lowest level for the month since ...Full Story»