The IHS Markit France Manufacturing PMI rose to 51.0 in January 2020 from 50.4 in the previous month and beating market expectations of 50.6, preliminary estimates showed. Both new orders and exports rebounded while output slowed slightly. Meantime, workforce numbers remained barely unchanged. On the price front, input prices rose only slightly while selling prices were cut for the first time in near three-and-a-half years. Looking ahead, business sentiment improved.
Manufacturing PMI in France averaged 50.10 points from 2011 until 2020, reaching an all time high of 58.80 points in December of 2017 and a record low of 42.70 points in September of 2012. 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. source: Markit Economics
Manufacturing PMI in France is expected to be 52.50 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 53.60 in 12 months time. In the long-term, the France Manufacturing PMI is projected to trend around 54.00 points in 2020, according to our econometric models.