5 October 2005, 12:19  French Sep Services PMI 54.9 Vs Aug 55.2

The purchasing managers index for France's services sector fell to 54.9 in September from 55.2 in August, market sources said Wednesday. That indicates the sector grew for the twenty-seventh straight month, but at a slower pace than in August. Economists surveyed by Dow Jones Newswires last week forecast the PMI would fall to 55.0. A reading above 50.0 indicates the sector is expanding, while a reading below 50.0 indicates it is contracting.

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