The IHS Markit France Construction PMI edged up to 49.8 in April of 2021 from 49.7 in the prior month. The latest reading signalled another fractional decline, the softest since expansion was last recorded in June 2020, with new projects increasing for a second straight month and purchasing activity rising further. Meanwhile, the vendor performance deteriorated to the greatest extent since last May during the initial COVID-19 lockdown. At the sub-sector level, the ongoing downturn in overall activity was centred on commercial construction and civil engineering, while homebuidling activity was stable for the second month running. On the price front, cost burdens continued to soar, with the rate of input price inflation accelerating to the quickest since July 2008, linked to shortages of raw materials. Looking forward, constructors remained optimistic towards the 12-month business outlook, but sentiment weakened to a three-month low and was softer than the historical average. source: Markit Economics

Construction PMI in France averaged 45.74 points from 2013 until 2021, reaching an all time high of 58 points in February of 2018 and a record low of 3.80 points in April of 2020. This page provides - France Construction Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. France Construction PMI - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Construction PMI in France is expected to be 53.60 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction PMI in France to stand at 53.40 in 12 months time. In the long-term, the France Construction PMI is projected to trend around 54.70 points in 2022 and 54.00 points in 2023, according to our econometric models.

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France Construction PMI

Actual Previous Highest Lowest Dates Unit Frequency
49.80 49.70 58.00 3.80 2013 - 2021 points Monthly
SA


News Stream
France Construction Sector Shrinks Marginally for 2nd Month
The IHS Markit France Construction PMI edged up to 49.8 in April of 2021 from 49.7 in the prior month. The latest reading signalled another fractional decline, the softest since expansion was last recorded in June 2020, with new projects increasing for a second straight month and purchasing activity rising further. Meanwhile, the vendor performance deteriorated to the greatest extent since last May during the initial COVID-19 lockdown. At the sub-sector level, the ongoing downturn in overall activity was centred on commercial construction and civil engineering, while homebuidling activity was stable for the second month running. On the price front, cost burdens continued to soar, with the rate of input price inflation accelerating to the quickest since July 2008, linked to shortages of raw materials. Looking forward, constructors remained optimistic towards the 12-month business outlook, but sentiment weakened to a three-month low and was softer than the historical average.
2021-05-06
French Construction Sector Downturn Smallest in 9 Months
The IHS Markit France Construction PMI rose to 49.7 in March of 2021 from 44 in the previous month. The latest reading pointed to a marginal contraction in the French construction sector that was the softest since expansion was last recorded in June 2020. New business rose for the first time since January, supported by strengthening demand conditions. Also, employment increased for the second month running and at the quickest pace since last September. At the sub-sector level, the reduction in activity was only driven by commercial projects, while homebuilding activity stabilised and civil engineering work increased slightly. On the price front, input prices rose at the quickest rate since April 2011, due to global supply-chain issues and ongoing shortages of raw materials. Looking forward, business sentiment softened slightly from February but remained historically marked, amid expectations around the potential relaxation of COVID-19 restrictions later this year.
2021-04-08
French Construction Sector Shrinks the Least in 5 Months
The IHS Markit France Construction PMI rose to 44 in February of 2021 from 39.5 in the previous month. The latest reading pointed to the softest contraction in the French construction sector in five months, despite ongoing coronavirus restrictions. Output decreased at a softer pace and employment rose for the first time in five months although the rate of growth was only slight overall. Meanwhile, new orders fell at a quicker pace and solidly. At the sub-sector level, the downturn was broad-based with civil engineering posting the quickest fall, followed by commercial construction and then homebuilding. On the supply-side, input delivery times lengthened to the greatest extent for six months, linked to shortages of raw materials. Consequently, input prices rose at the sharpest rate for nearly five years, amid higher prices for wood and steel. Looking forward, sentiment strengthened for the fourth month running and was the highest for just over a year.
2021-03-04
French Construction Activity Shrinks the Most in 8 Months
The IHS Markit France Construction PMI fell to 39.5 in January of 2021 from 40.5 in December. The latest reading pointed to the sharpest decline in French construction activity since May 2020, when firms faced tight restrictions after the initial COVID-19 lockdown. New orders, output and employment declined sharply, as demand conditions remained subdued. At the sub-sector level, the contraction in activity was broad-based, but most pronounced in civil engineering. Purchasing activity fell markedly although the rate of decline eased from December. The vendor performance deteriorated again and at marked pace by historical standards mainly due to additional hygiene protocols. On the price front, input inflation was the fastest since last February and sharp overall, on higher steel prices. Looking forward, sentiment turned positive for the first time since last July, supported by expectations of a recovery in demand conditions as vaccination programmes continue to advance.
2021-02-04

France Construction PMI
Data are collected at mid-month, asking respondents to compare a variety of business conditions with the situation one month ago. A reading of below 50.0 indicates that the economy is generally declining, above 50.0 that it is generally expanding and exactly 50.0 indicates no change on the level recorded the previous month.