The IHS Markit France Manufacturing PMI rose to 56.1 in February of 2021 from 51.6 in January and above a preliminary estimate of 55. The latest reading pointed to the strongest expansion in the manufacturing sector since February 2018, amid faster increases in both output and new orders. At the same time, the rate of workforce expansion was the strongest since November 2019 and solid overall. Also, purchasing activity rose for the third month running, with the rate of growth the strongest for three years and sharp overall. On the price front, input prices rose at the sharpest rate since May 2011, often linked to particular difficulty in obtaining metals such as steel and aluminium. Also, the rate of charge inflation was the quickest since May 2019 and historically marked, as some firms opted to pass on some of the additional costs to their clients. Looking forward, business sentiment was the second-strongest since data collection began in July 2012. source: Markit Economics
Manufacturing PMI in France averaged 49.92 points from 2011 until 2021, 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 March of 2021.
Manufacturing PMI in France is expected to be 51.20 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 52.90 in 12 months time. In the long-term, the France Manufacturing PMI is projected to trend around 52.90 points in 2022 and 54.00 points in 2023, according to our econometric models.