The S&P Global France Construction PMI fell to 45.2 in February 2023 from a four-month high of 48.4 in the previous month. The latest reading pointed to the ninth straight monthly decline in the country's construction sector and faster than the month before, as new orders fell for the eleventh month running amid client hesitancy and budget constraints. All three broad types of construction activity fell during February, primarily residential building and commercial projects. Firms subsequently cut back on purchasing, although employment levels picked up marginally. On the price front, input costs rose sharply during the month, with inflation ticking higher from January's near two-year low. Finally, business confidence remained unchanged from January's six-month high. source: Markit Economics
Construction PMI in France averaged 46.20 points from 2013 until 2023, reaching an all time high of 58.00 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 - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.
Construction PMI in France is expected to be 46.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the France Construction PMI is projected to trend around 50.50 points in 2024 and 50.40 points in 2025, according to our econometric models.