The S&P Global France Composite PMI was revised slightly higher to 51.7 in February of 2023 from a flash estimate of 51.6 and well above 49.1 in the prior month. It was the first expansion in the private sector since October 2022, reflecting an improvement in the service sector (53.1 vs. 49.4 in January) as the manufacturing industry remained below pair (47.7 vs. 50.5). Although business activity returned to growth, there was a further decline in the overall level of new incoming work. In terms of employment, the rate of job creation accelerated to a four-month high. On the price front, input price inflation eased to a 12-month low, while output charge decreased in February. source: Markit Economics
Composite PMI in France averaged 50.68 points from 2012 until 2023, reaching an all time high of 60.30 points in November of 2017 and a record low of 11.10 points in April of 2020. This page provides the latest reported value for - France Composite PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. France Composite PMI - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.
Composite PMI in France is expected to be 51.40 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.