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French Business Activity Contracts in October

French business activity unexpectedly contracted in October due to rising political uncertainty and financial pressures. The composite PMI fell to 48.4 points, signaling a reversal from September growth.

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A worker cleans debris off a street next to a vandalised shop, the day after clashes during a national day of demonstrations against the cost of living and rising fuel prices, near (AREA) in Paris, France, October 18, 2026. REUTERS/Stephanie Lecocq

France's business activity contracted unexpectedly in October, reversing September's growth as demand dropped at the sharpest rate since May.
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