France's private sector shrank the most since early 2025 in April reflecting deterioration in the service sector as manufacturing output grew at the strongest pace in over four years, data from S&P Global showed Thursday.
The flash composite output index fell to a 14-month low of 47.6 in April from 48.8 in March. The score was forecast to fall to 48.6.
The services Purchasing Managers' Index dropped more-than-expected to 46.5 in April from 48.8 a month ago. The reading was seen at 48.5.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.