The S&P Global France Composite PMI was revised slightly down to 51.1 in September 2026 from a preliminary estimate of 51.2, but was up from August’s 48.5. The reading signalled a return to growth in private-sector business activity, driven by higher output despite continued weakness in demand and employment. Meanwhile, new orders and workforce numbers both declined marginally during the month. Business expectations also softened, reflecting weaker sentiment in the services sector. On the price front, the latest survey data signalled a sharp acceleration in inflationary pressures.