French Services contracts further in January, PMI shows reuters


Paris (Reuters) – The Services Services in France is added in January while businesses face weak demand and no withdrawal politics in the S & P worldwide published on Friday.

HCOB Flash Services PMI business activity refused 48.9 from 49.3 in December, in the expectations of analysts at 49.3, and under 50.0 thresholds indicating growth.

The broader private French sector experienced a small improvement, with composite PMI output index climbing at 48.3, rounding 41.9, round about the announcements of 42.3.

“French economy is disappointing at the beginning of 2025 … it is in the main political crisis that paralyzed the country’s economy,” says Tariq Kulawhry, Economist at Hamburg Chaudcial Bank.

“The next budget vote will decide not only the government’s fate of the Bayrou but also the strength of the country’s economy,” he added.

There is a drop of business trust in January, with companies that judge the sight in the next 12 months of wide neutral, compared with little hope in the last month.

Neguro also investigates businesses in the easiest job cut since October 2020.

© Reuters. Photo Photo: A sunset view appears in Eiffel Tower and District Financial and Business District in Puteaux in Puteaux near Paris, France, February 9, 2022. Photo

French official official reported Thursday on Thursday French Business Trust in January.

France is set to find weak but steady economic growth in the first half of 2025 as a political drama of 2025 budgets of consumers and businesses, says Insee last month.





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