In a significant downturn for France's economy, the HCOB France Composite PMI fell to 44.5 in February 2025, down from 47.6 in January. The latest figures, updated on February 21, 2025, signal a compounding contraction in both the manufacturing and services sectors, reflecting broader economic challenges.
The reduction marks a continuance of weakening economic activities in France, suggesting declining business conditions. A reading below 50.0 on the index suggests contraction rather than growth, indicating that sectors critical to French economic health are under strain. Analysts are closely watching these shifts, as persistent decline in the PMI could indicate deeper economic troubles ahead.
Economists are advising a cautious approach moving forward, stressing the need for business flexibility and policy support to mitigate the pressures on the economy. The government is expected to reevaluate current measures to foster growth and stave off further decline. These numbers underscore a pivotal moment for France as it grapples with sustaining economic stability amidst growing global uncertainties.