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.

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France Construction PMI



Related Last Previous Unit Reference
Construction PMI 45.20 48.40 points Feb 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
45.20 48.40 58.00 3.80 2013 - 2023 points Monthly
SA

News Stream
French Construction Sector Downturn Deepens
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.
2023-03-06
France Construction Sector Shrinks the Least in 4 Months
The S&P Global France Construction PMI rose for the second straight month to 48.4 in January 2023 from 41 in the previous month. Still, the latest reading pointed to the eighth straight monthly decline in the country's construction sector, though the slowest since last September. A fresh upturn in civil engineering work outweighed the continued downturn in residential building activity. The slower decline in total construction activity coincided with a similar trend in demand, with new orders falling at a considerably softer rate than in December. At the same time, there was a renewed uptick in purchasing activity and employment. On the price front, cost pressures remained elevated, but the overall rate of input price inflation eased to a 23-month low, in part due to more benign conditions in energy markets. Finally, French constructors turned neutral towards the outlook for activity over the next 12 months, following five successive months of pessimistic projections.
2023-02-06
France Construction Sector Remains Subdued
The S&P Global France Construction PMI rose slightly to 41 in December 2022 from 40.7 in the previous month. Still, the latest reading pointed to the seventh straight monthly decline in the country's construction sector, with all three types of construction work monitored by the survey recording marked decreases. Companies blamed weak demand being the main drag for activity, with the volume of incoming new orders falling to the quickest extent in almost two years. Hence, firms cut their purchasing activity during December, while employment remained unchanged after five consecutive monthly declines. On the price front, cost pressures stayed elevated. Finally, French construction companies remain pessimist about this year's outlook, with more firms expecting activity to fall.
2023-01-05