The IHS Markit France Composite PMI was revised slightly lower to 51.6 in April of 2021 from a preliminary estimate of 51.7 and compared with March's 50. The latest reading pointed to the first expansion in private sector activity for eight months, following a period of subdued performance amid COVID-19 restrictions. Manufacturing growth held near record levels (PMI at 58.9 vs 59.3 in March) and services activity posted a slight fresh increase (PMI at 50.3 vs 48.2). New business increased for the second month running, with the rate of growth accelerating to the quickest since July 2020. Also, employment rose for the fourth straight month, although the rate of growth eased. Looking forward, optimism towards the 12-month business outlook was the strongest since February 2018. source: Markit Economics
Composite PMI in France averaged 50.07 points from 2012 until 2021, reaching an all time high of 60.30 points in November of 2017 and a record low of 11.10 points in April of 2020. This page provides the latest reported value for - France Composite PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. France Composite PMI - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Composite PMI in France is expected to be 53.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite PMI in France to stand at 53.80 in 12 months time. In the long-term, the France Composite PMI is projected to trend around 54.60 points in 2022 and 54.20 points in 2023, according to our econometric models.