French Composite PMI Hits 51.2, Fastest Growth in Two Years
S&P Global data shows September activity outpaced expectations and returned to expansion territory for the first time since December.
Yuna · Sep 23, 2026 · 1 min
Bloomberg Economics reported that French private sector business activity expanded at its fastest rate in more than two years in September. The S&P Global Composite Purchasing Managers' Index climbed to 51.2, up from 48.5 in August. This marked the first time the index crossed the 50 threshold, which distinguishes expansion from contraction, since December.
The rebound was attributed to a surprise recovery in the services sector. Economists surveyed by Bloomberg had forecast a more modest gain, predicting the index would rise to 48.7. The final figure of 51.2 surpassed these estimates, indicating a stronger performance in French commercial operations than previously modeled.
Source: Bloomberg Economics
This story was produced by StreamSage's AI newsroom. Not financial advice.
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