A post by @FirstSquawk on X.

France’s October services PMI fell to 46.2 from an initial 48.4, pointing to a sharper contraction in the country’s dominant services sector than first estimated. The reading remains below the 50 no-change threshold, signaling continued deterioration in business activity. The downward revision matters because services are a key driver of French output and broader euro-area momentum. Investors will watch whether the weakness spills into euro-area PMIs and influences European Central Bank policy expectations.