The IHS Markit France Construction PMI fell to 48.9 in June of 2021 from 51.1 in the previous month. The latest reading pointed to a renewed decline in construction activity after signs of recovery in May, as business activity fell at the fastest rate in four months. Meanwhile, order books continued to rise and firms hired additional staff. In terms of prices, the rate of input price inflation was among the sharpest ever recorded, amid strong input demand and dwindling supply. There was also evidence of continued pressure on suppliers to the French construction sector as input lead times lengthened to one of the greatest degrees ever seen in survey's history. Lastly, the level of positive sentiment increased for the second month running and was the strongest for almost two years. source: Markit Economics
Construction PMI in France averaged 45.83 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 August of 2021.
Construction PMI in France is expected to be 52.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction PMI in France to stand at 54.00 in 12 months time. In the long-term, the France Construction PMI is projected to trend around 54.70 points in 2022 and 54.00 points in 2023, according to our econometric models.