French S&P Global Services PMI Final (Apr) 46.5 vs. Exp. 46.5 (Prev. 48.8)

The final reading of the French S&P Global Services PMI for April came in at 46.5, which matches expectations but marks a decline from the previous month's 48.8.

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French S&P Global Services PMI Final (Apr) 46.5 vs. Exp. 46.5 (Prev. 48.8)

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Context

This contraction signals ongoing weakness in the services sector, suggesting potential headwinds for economic growth in France, which could influence ECB policy considerations moving forward.

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