The IHS Markit Flash Manufacturing PMI for France rose to 52.3 in June 2020 from 52.1 in the previous month and slightly above an initial estimate of 52.1. The reading pointed to the sharpest contraction in factory activity since September 2018, as the country's coronavirus lockdown restrictions were eased further. Output rose the most since February 2018 and new orders increased for the first time in five months driven by domestic demand. Export orders shrank at the softest pace in four months and the job shedding rate slowed to a three-month low. On the price front, input prices fell at the slowest rate in the current four-month sequence of reduction and output charges dropped marginally. Finally, sentiment improved boosted by hopes that the coronavirus crisis was coming to an end.
Manufacturing PMI in France averaged 49.80 points from 2011 until 2020, reaching an all time high of 58.80 points in December of 2017 and a record low of 31.50 points in April of 2020. This page provides the latest reported value for - France Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. France Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Markit Economics
Manufacturing PMI in France is expected to be 47.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in France to stand at 54.00 in 12 months time. In the long-term, the France Manufacturing PMI is projected to trend around 52.90 points in 2021 and 54.00 points in 2022, according to our econometric models.