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.