The IHS Markit France Manufacturing PMI unexpectedly rose to 54.6 in November of 2021, from 53.6 in the previous month, beating market expectations of 53, a preliminary estimate showed. The latest reading signaled the strongest pace of expansion in factory activity in two months, underpinned by a slight increase in new orders. Still, production fell for the second time in a row, constrained by input shortages, long lead times and weaker demand. Backlogs of work accumulated at the fastest pace since August, reflecting intense capacity pressures. On the price front, goods producers faced acute inflationary pressures, as the sector is more sensitive to material shortages, which translated into firms raising prices to customers to significant extents. source: Markit Economics

Manufacturing PMI in France averaged 50.44 points from 2011 until 2021, reaching an all time high of 59.40 points in May of 2021 and a record low of 31.50 points in April of 2020. This page provides the latest reported value for - France Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. France Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.

Manufacturing PMI in France is expected to be 54.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the France Manufacturing PMI is projected to trend around 55.00 points in 2022 and 54.00 points in 2023, according to our econometric models.

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France Manufacturing PMI


Related Last Previous Unit Reference
Services PMI 58.20 56.60 points Nov/21
Manufacturing PMI 54.60 53.60 points Nov/21
Composite PMI 56.30 54.70 points Nov/21

News Stream
France Manufacturing PMI Unexpectedly Rises
The IHS Markit France Manufacturing PMI unexpectedly rose to 54.6 in November of 2021, from 53.6 in the previous month, beating market expectations of 53, a preliminary estimate showed. The latest reading signaled the strongest pace of expansion in factory activity in two months, underpinned by a slight increase in new orders. Still, production fell for the second time in a row, constrained by input shortages, long lead times and weaker demand. Backlogs of work accumulated at the fastest pace since August, reflecting intense capacity pressures. On the price front, goods producers faced acute inflationary pressures, as the sector is more sensitive to material shortages, which translated into firms raising prices to customers to significant extents.
2021-11-23
French Manufacturing PMI at 9-Month Low
The IHS Markit France Manufacturing PMI fell to 53.6 in October of 2021, from 55 in the prior month and broadly in line with a preliminary estimate of 53.5. The latest reading signaled the weakest pace of expansion in factory activity since January, as production contracted for the first time this year amid insufficient input stocks due to severe supplier delivery delays. At the same time, new orders fell for the first time since last December, as activity at clients dropped amid supply issues. Manufacturers also continued to observe strong price pressures. Meanwhile, employment rose for a ninth month in a row, but the rate of jobs growth remained far weaker than those seen earlier in the year.
2021-11-02
French Factory Activity Falls More than Expected
The IHS Markit France Manufacturing PMI retreated to 53.5 in October of 2021, from 55 in the previous month and missed market expectations of 54, according to preliminary estimates. The latest reading signaled the weakest pace of expansion in factory activity since January, as intense input shortages caused production to contract for the first time this year. Also, severe delays in input deliveries led to customers cancelling or postponing orders, leading to a deterioration in levels of new business. Inflationary pressures remained intense, notably from material prices, which was mostly passed onto customers as selling charges rose for the eighth month in a row. Meanwhile, recruitment efforts remained positive, with firms expanding their workforces for the tenth consecutive month amid rising capacity pressures. Finally, business confidence improved, as firms were more optimistic regarding both supply side issues as well as towards demand, investment, and expansion plans.
2021-10-22

France Manufacturing PMI
In France, the Markit Manufacturing Purchasing Managers' Index measures the performance of the manufacturing sector and is derived from a survey of 400 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.