The IHS Markit France Manufacturing PMI was revised higher to 52.4 in July of 2020 from a preliminary of 52 and 52.3 in June, final estimates showed. The reading pointed to another modest improvement in business conditions across the manufacturing sector, as firms continued to ramp up their operations after coronavirus-induced shutdowns. The result was primarily driven by a marked expansion in output, which came despite a lack of new order growth. Meanwhile, goods producers cut staff numbers at the slowest pace since January. Looking forward, businesses were optimistic towards the one-year outlook for output, supported by expectations for a gradual return to pre-coronavirus levels of activity.

Manufacturing PMI in France averaged 49.82 points from 2011 until 2020, reaching an all time high of 58.80 points in December of 2017 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 August of 2020. source: Markit Economics

Manufacturing PMI in France is expected to be 47.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in France to stand at 54.00 in 12 months time. In the long-term, the France Manufacturing PMI is projected to trend around 52.90 points in 2021 and 54.00 points in 2022, according to our econometric models.

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France Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
52.40 52.30 58.80 31.50 2011 - 2020 points Monthly
SA


News Stream
France Manufacturing PMI Revised Higher
The IHS Markit France Manufacturing PMI was revised higher to 52.4 in July of 2020 from a preliminary of 52 and 52.3 in June, final estimates showed. The reading pointed to another modest improvement in business conditions across the manufacturing sector, as firms continued to ramp up their operations after coronavirus-induced shutdowns. The result was primarily driven by a marked expansion in output, which came despite a lack of new order growth. Meanwhile, goods producers cut staff numbers at the slowest pace since January. Looking forward, businesses were optimistic towards the one-year outlook for output, supported by expectations for a gradual return to pre-coronavirus levels of activity.
2020-08-03
France Manufacturing PMI Below Forecasts
The IHS Markit France Manufacturing PMI edged down to 52 in July of 2020 from 52.3 in June, and below forecasts of 53.2, preliminary estimates showed. However, the reading still pointed to a strong growth in factory activity as the sector rebounds after a record plunge in April due to the coronavirus lockdown. Production was the strongest since February of 2018 while new orders were broadly unchanged from June, job shedding eased and exports deteriorated. Input costs reduced marginally while output charges were broadly stable.
2020-07-24
French Factory Activity Grows More than Initially Thought
The IHS Markit Flash Manufacturing PMI for France rose to 52.3 in June 2020 from 52.1 in the previous month and slightly above an initial estimate of 52.1. The reading pointed to the sharpest contraction in factory activity since September 2018, as the country's coronavirus lockdown restrictions were eased further. Output rose the most since February 2018 and new orders increased for the first time in five months driven by domestic demand. Export orders shrank at the softest pace in four months and the job shedding rate slowed to a three-month low. On the price front, input prices fell at the slowest rate in the current four-month sequence of reduction and output charges dropped marginally. Finally, sentiment improved boosted by hopes that the coronavirus crisis was coming to an end.
2020-07-01
France Manufacturing Unexpectedly Grows in June
The IHS Markit Flash Manufacturing PMI for France increased to 52.1 in June of 2020 from 40.6 in May, beating market forecasts of 46. The reading pointed to the biggest expansion in the manufacturing sector since September of 2018. Production rose the most since February of 2018 and backlogs of work rose for the first time since February. New orders continued to decline although at the softest pace since coronavirus lockdown restrictions were introduced in March and the rate of workforce contraction eased for the second month in a row to reach the slowest since March. On the price front, both input and output prices declined slightly. Finally, there was renewed optimism among manufacturers with business confidence moving into positive territory for the first time since February, driven by hopes of an economic recovery following the further loosening of coronavirus-related restrictions.
2020-06-23

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.