The IHS Markit France Construction PMI decreased to 50.9 in December of 2021 from 51.6 in November. Still, it marks the third straight month of expansion, rounding off the strongest quarterly performance of the construction sector since the third quarter of 2019, driven by commercial building work and civil engineering. Output and employment continued to rise but at softer rates amid a drop in new orders, due to reports of subdued demand for new projects. Meanwhile, input costs increased at one of the fastest rates on record as raw material shortages exerted upward pressure on supplier prices. Finally, French constructors were optimistic towards future activity prospects in December, despite the level of positive sentiment weakening from November. source: Markit Economics

Construction PMI in France averaged 46.03 points from 2013 until 2021, reaching an all time high of 58 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 January of 2022.

Construction PMI in France is expected to be 53.40 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 54.70 points in 2023 and 54.00 points in 2024, according to our econometric models.

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France Construction PMI


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
50.90 51.60 58.00 3.80 2013 - 2021 points Monthly
SA

Related Last Previous Unit Reference
Construction PMI 50.90 51.60 points Dec/21


News Stream
France Construction Activity Ends 2021 on Strong Note
The IHS Markit France Construction PMI decreased to 50.9 in December of 2021 from 51.6 in November. Still, it marks the third straight month of expansion, rounding off the strongest quarterly performance of the construction sector since the third quarter of 2019, driven by commercial building work and civil engineering. Output and employment continued to rise but at softer rates amid a drop in new orders, due to reports of subdued demand for new projects. Meanwhile, input costs increased at one of the fastest rates on record as raw material shortages exerted upward pressure on supplier prices. Finally, French constructors were optimistic towards future activity prospects in December, despite the level of positive sentiment weakening from November.
2022-01-06
French Construction PMI at 17-Month High
The IHS Markit France Construction PMI climbed to 51.6 in November of 2021 from 50.3 in October, the second straight month of expansion and the highest reading since June of 2020. Also, it was the first time since early 2020 that output increased in successive months, reflecting the strongest rebound in commercial building activity since August of 2019 and another rise in residential building production. New orders also increased, although demand conditions remained mild, while employment growth was the strongest in over three years. Amid improving conditions, firms purchased more inputs in November, despite a substantial deterioration in lead times on the delivery of inputs and near-record input price inflation amid intense supply issues. Looking over the coming 12 months, French constructors were optimistic that activity levels would increase.
2021-12-06
French Construction Activity Expands for 1st Time in 5 Months
The IHS Markit France Construction PMI rose to 50.3 in October of 2021 from 48.9 in the previous month, pointing to the first expansion in construction activity since May. Business activity and new orders rebounded slightly, while employment growth accelerated to a three-year high. Among sectors, commercial building activity was the main driver of expansion, while residential and civil engineering activity contracted. Meanwhile, input price inflation remained close to survey-record rates amid intense supply issues. Lastly, business confidence remained elevated, with firms expecting pipeline project work to drive activity levels higher over the coming 12 months.
2021-11-05