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Preliminary Services PMI in France

Country:
FRFFrance
Importance:
★★
Data Trends
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DateValue
ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About Preliminary Services PMI in France

The flash Purchasing Managers' Index (PMI) for the services sector is an indicator used to assess economic activity in France's service industry. This data, released monthly by IHS Markit, shows preliminary figures for initial evaluation.

PMI uses 50 as a benchmark: a reading above 50 indicates expansion in the service sector, while below 50 indicates contraction. Flash PMI provides an initial assessment of economic activity in the service industry and is crucial for understanding short-term economic outlooks.

This data serves as a reference for policymakers to evaluate trends in the service industry and formulate appropriate economic policies. It is also an important information source for businesses and investors to understand trends in the service sector and forecast economic outlooks.

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