The IHS Markit France Composite PMI was revised higher to 40.6 in November 2020 from a preliminary 39.9 and compared to October's 47.5. The latest reading pointed to a third straight contraction in private sector activity and the steepest since May due to a fresh round of COVID-19 lockdown restrictions. New orders declined sharply for both services and manufacturing companies. Meantime, the job shedding rate slowed to a nine-month low with manufacturers registering a softer decline than their services counterparts. Finally, sentiment was positive but remained historically subdued. source: Markit Economics
Composite PMI in France averaged 50.11 points from 2012 until 2020, 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 December of 2020.
Composite PMI in France is expected to be 45.50 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 52.80 in 12 months time. In the long-term, the France Composite PMI is projected to trend around 52.90 points in 2021 and 54.20 points in 2022, according to our econometric models.