The IHS Markit France Construction PMI rose to 47.3 in September 2020 from 46 in the previous month. Still, the latest reading pointed to the third consecutive contraction in construction activity, amid the recent spike in coronavirus infections. Declines were observed across all segments, with civil civil engineering firms recording the sharpest reduction and the quickest for four months, home builders posted a solid decline and work undertaken on commercial projects declined marginally. New orders dropped for the eighth successive month, while employment was little-changed. On the price front, input price inflation slowed for the first time since April. Finally, sentiment deteriorated to a three-month low on the back of expectations of a prolonged downturn in demand conditions due to the pandemic. source: Markit Economics
Construction Pmi in France averaged 45.87 points from 2013 until 2020, 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 - values, historical data and charts - was last updated on October of 2020.
Construction Pmi in France is expected to be 50.80 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 52.80 in 12 months time. In the long-term, the France Construction Pmi is projected to trend around 52.50 points in 2021 and 54.00 points in 2022, according to our econometric models.