--- title: "French Private Sector Contracts On Weaker Services Activity" type: "News" locale: "en" url: "https://longbridge.com/en/news/296612579.md" description: "France's private sector contracted further in August, with the S&P Global composite output index falling to 48.8 from 79.4, below the forecast of 49.5. The downturn was driven entirely by weaker services activity, while manufacturing output grew for the first time since April. Extreme heat was cited as a contributing factor to the decline in services." datetime: "2026-08-21T11:40:06.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296612579.md) - [en](https://longbridge.com/en/news/296612579.md) - [zh-HK](https://longbridge.com/zh-HK/news/296612579.md) generator: "portal-rs" --- # French Private Sector Contracts On Weaker Services Activity Add as your preferred news source on Google Add Now France's private sector contracted further in August due to the downturn in services activity, survey data from S&P Global showed Friday. The headline composite output index fell to 48.8 in August from 49.4 in July. A score below 50.0 indicates contraction and it was also below forecast of 49.5. The downturn in overall activity was entirely driven by services companies as manufacturing output grew for the first time since April. In some cases, extreme heat was cited as a reason for lower activity levels. This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription. Start Free Trial FREE 7-Day Trial - No Payment Required Already subscribed? Sign in For comments and feedback contact: editorial@rttnews.com Business News ### Related Stocks - [SPGI.US](https://longbridge.com/en/quote/SPGI.US.md) ## Related News & Research - [Suncoast Equity Management Sells 4,264 Shares of S&P Global Inc. $SPGI](https://longbridge.com/en/news/295999731.md) - [How Investors Are Reacting To S&P Global (SPGI) Doubling Down On AI And Capital Returns](https://longbridge.com/en/news/294605239.md) - [OpenAI Codex lead points to sub2api as users report shrinking limits](https://longbridge.com/en/news/296611126.md) - [SYNSAM: Double-digit sales and profit growth in Q2, with strong margins and expanding subscriptions](https://longbridge.com/en/news/296571574.md) - [XPLRA: Subscription growth and margin expansion drive improved profitability despite flat revenue](https://longbridge.com/en/news/296303980.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**