The S&P Global France Manufacturing PMI rose to 55.7 in April of 2022 from a five-month low of 54.7 in March, more than preliminary estimates of 55.4. Goods producers said production benefited from growth in new orders, which exceeded output levels as clients anticipated further price hikes and supply issues, whilst output growth was restricted by weakness in the auto sector and inadequate input availability due to the war in Ukraine and Covid-related bottlenecks in China. At the same time, employment rose for the fifteenth month amid efforts to meet rising orders. On the price front, input prices rose at the fastest pace since February 2011, whilst selling charges were raised at an unprecedented rate. Looking ahead, business confidence improved from a 19-month low in March but remained below the historical average. source: Markit Economics

Manufacturing PMI in France averaged 50.65 points from 2011 until 2022, 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 May of 2022.

Manufacturing PMI in France is expected to be 54.40 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 54.50 points in 2023 and 54.00 points in 2024, according to our econometric models.

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France Manufacturing PMI



Related Last Previous Unit Reference
Services PMI 58.90 57.40 points Apr 2022
Manufacturing PMI 55.70 54.70 points Apr 2022
Composite PMI 57.60 56.30 points Apr 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
55.70 54.70 59.40 31.50 2011 - 2022 points Monthly
SA

News Stream
France Manufacturing PMI Revised Higher
The S&P Global France Manufacturing PMI rose to 55.7 in April of 2022 from a five-month low of 54.7 in March, more than preliminary estimates of 55.4. Goods producers said production benefited from growth in new orders, which exceeded output levels as clients anticipated further price hikes and supply issues, whilst output growth was restricted by weakness in the auto sector and inadequate input availability due to the war in Ukraine and Covid-related bottlenecks in China. At the same time, employment rose for the fifteenth month amid efforts to meet rising orders. On the price front, input prices rose at the fastest pace since February 2011, whilst selling charges were raised at an unprecedented rate. Looking ahead, business confidence improved from a 19-month low in March but remained below the historical average.
2022-05-02
French Factory Activity Picks up Pace
The S&P Global France Manufacturing PMI rose to 55.4 in April of 2022 from a five-month low of 54.7 in March, beating market expectations of 53, preliminary estimates showed. In April, goods producers said production levels remained constrained by material shortages, but the sector enjoyed higher demand from both existing and new domestic clients. In contrast, foreign demand shrank significantly, mainly due to the war in Ukraine and rising prices. Backlogs of work rose sharply, with difficulties in obtaining input materials being cited as the main reason among manufacturers, which sought to tackle this situation by employing more workers in April.
2022-04-22
French Factory Activity Growth Revised Lower
The S&P Global France Manufacturing PMI fell to 54.7 in March of 2022 from 57.2 in February, marginally below preliminary estimates of 54.8, the slowest growth in factory activity in five months. The latest survey showed production slowed significantly from the previous month, due to ongoing supply chain issues such as shortages of materials, as well as subdued demand and some hesitancy in client orders, in some cases linked to the war in Ukraine. New work rose as clients brought forward orders in anticipation of further price hikes, although export orders declined for the first time in 14 months. On the price front, inflationary pressures remained acute for input prices of goods producers, which passed on higher costs to clients. The loss of confidence among manufacturers was the steepest since the onset of the pandemic.
2022-04-01