The IHS Markit France Manufacturing PMI edged down to 58.9 in April of 2021 from a record high of 59.3 in March and slightly below a preliminary estimate of 59.2. Despite easing from March, the rate of growth in factory activity was among the quickest since data collection began just over 23 years ago, as output and new orders continued to rise sharply. The rate of job creation slowed from March's recent high but remained sharp overall. Still, supply-chain disruptions continued to weigh on the activity as France entered its third national coronavirus lockdown. On the price front, input costs increased at the strongest rate for a decade amid widespread reports of raw material shortages. Firms opted to pass on some of the additional costs to their clients with another increase in average output charges. Looking forward, business sentiment was the weakest for three months, but still historically marked, linked to expectations for improving demand as COVID-19 restrictions are relaxed. source: Markit Economics

Manufacturing PMI in France averaged 50.08 points from 2011 until 2021, reaching an all time high of 59.30 points in March of 2021 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 May of 2021.

Manufacturing PMI in France is expected to be 54.00 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 55.00 points in 2022 and 54.00 points in 2023, according to our econometric models.

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France Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
58.90 59.30 59.30 31.50 2011 - 2021 points Monthly
SA


News Stream
French Manufacturing PMI Revised Lower in April
The IHS Markit France Manufacturing PMI edged down to 58.9 in April of 2021 from a record high of 59.3 in March and slightly below a preliminary estimate of 59.2. Despite easing from March, the rate of growth in factory activity was among the quickest since data collection began just over 23 years ago, as output and new orders continued to rise sharply. The rate of job creation slowed from March's recent high but remained sharp overall. Still, supply-chain disruptions continued to weigh on the activity as France entered its third national coronavirus lockdown. On the price front, input costs increased at the strongest rate for a decade amid widespread reports of raw material shortages. Firms opted to pass on some of the additional costs to their clients with another increase in average output charges. Looking forward, business sentiment was the weakest for three months, but still historically marked, linked to expectations for improving demand as COVID-19 restrictions are relaxed.
2021-05-03
French Manufacturing Growth Holds Near Record High
The IHS Markit France Manufacturing PMI stood at 59.2 in April 2021, little-changed from an all-time high of 59.3 in the previous month and slightly above market expectations of 59.0, a preliminary estimate showed. Output and new order growth remained strong overall, helped by a solid increase in new export orders. In addition, employment and backlogs of work rose firmly. On the price front, input cost inflation accelerated to a decade high, while output charge inflation was little-changed. Finally, business sentiment improved in April.
2021-04-23
French Manufacturing PMI Revised Higher in March
The IHS Markit France Manufacturing PMI rose to 59.3 in March of 2021 from 56.1 in February and above a preliminary estimate of 58.8. The latest reading signalled the quickest expansion in factory activity since September 2000, as manufacturers have been able to ramp up operations despite ongoing Covid-19 restrictions. Output, new orders, exports and employment increased markedly. Also, purchasing activity gathered momentum, on needs for additional materials to fulfill incoming orders and amid efforts to build input stocks amid shortages of raw materials. Still, there were further signs of severe supply-chain disruption as a result of the pandemic, with input delivery times lengthening markedly and cost burdens continuing to soar. Looking forward, firms remained optimistic towards the 12-month business outlook although the degree of positivity eased from February.
2021-04-01
French Factory Activity at 39-Month High
The IHS Markit France Manufacturing PMI rose to 58.8 in March of 2021 from 56.1 in the previous month and well above market expectations of 56.5, a flash estimate showed. The latest reading pointed to the strongest expansion in the manufacturing sector since January 2018, as new orders and new export orders improved sharply, and employment increased at a solid rate. On the price front, input costs rose the most since May 2011.
2021-03-24

France Manufacturing PMI
In France, the Markit Manufacturing Purchasing Managers' Index measures the performance of the manufacturing sector and is derived from a survey of 400 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.