France’s services output falls 2.0% in June ’24

France’s services output fell by 2.0 per cent in June 2024, according to latest data released by the country’s statistics agency on Friday.

Significant drops were observed across various sectors: information and communication output decreased by 2.8 per cent, arts, entertainment, and recreation by 6.9 per cent, and real estate activities by 1.9 per cent.

Accommodation and food services saw a 0.8 per cent decline, while professional, scientific, and technical activities fell by 1.5 per cent.

Despite the monthly decrease, second-quarter output for 2024 was 3.5 per cent up compared to the same period in 2023, with notable gains in professional, scientific, and technical activities.

Conversely, real estate activities experienced a 0.8 per cent drop.