The IHS Markit France Construction PMI fell to 40.5 in December of 2020 from 42.8 in the previous month, pointing to the sharpest contraction in construction activity since May. Output shrank further, amid a marked deterioration in demand conditions linked to the COVID-19 pandemic. Sharp declines were observed across all segments: commercial projects, civil engineering works and house building. This prompted firms to cut their staff numbers and input buying at a quicker pace. New orders also fell but the rate of decrease eased for the first time since August. On the supply-side, input delivery times continued to lengthen, extending the current run that began in February 2018 On the price front, the rate of cost inflation accelerated to the quickest since August. Finally, despite remaining negative overall, sentiment towards the 12-month business outlook was the highest for five months. source: Markit Economics

Construction PMI in France averaged 45.74 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 January of 2021.

Construction PMI in France is expected to be 51.00 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 52.50 in 12 months time. In the long-term, the France Construction PMI is projected to trend around 52.50 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
40.50 42.80 58.00 3.80 2013 - 2020 points Monthly

France Housing Last Previous Highest Lowest Unit
Construction Output -5.70 -5.90 16.40 -64.90 percent [+]
Housing Index 117.86 115.71 117.86 93.63 points [+]
Home Ownership Rate 65.10 64.40 65.10 60.50 percent [+]
Housing Starts 38100.00 38700.00 54900.00 12300.00 units [+]
New Home Sales 24308.00 20380.00 36219.00 13922.00 Units [+]
Building Permits 35800.00 38400.00 56500.00 13300.00 [+]
Construction PMI 40.50 42.80 58.00 3.80 points [+]

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.