French Services Sector Returns to Growth
France's dominant services sector returned to growth in September for the first time since December. The PMI rose to 51.2 following a rebound from the summer heatwave.
Insights:
France's services sector expanded in September for the first time since December, driven by a post-heatwave rebound in activity. The S&P Global France Services final PMI Business Activity Index rose to 51.2 points from 48.0 points in August. The recovery offers a brief respite for the eurozone's second-largest economy after severe summer weather disrupted business operations.
