The IHS Markit France Construction PMI rose to 48.9 in September of 2021 from 44.9 in the previous month. The latest reading pointed to a fourth straight month of contraction in construction activity but less severe than in August. Business activity and new orders fell further amid weaker demand and reports of intense shortages of construction materials. In fact, the deterioration in vendor performance was the second-sharpest recorded since data collection began in 2000. The decrease in construction work was primarily driven by civil engineering, as commercial building activity fell only marginally and the residential segment posted a modest expansion for the first time since May. On the other hand, construction firms hired extra staff at the fastest pace in almost two years. On the price front, input costs increased at one of the quickest rates seen in the survey history. Lastly, the level of business confidence was the strongest since June. source: Markit Economics

Construction PMI in France averaged 45.88 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 October of 2021.

Construction PMI in France is expected to be 52.50 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 2022 and 54.00 points in 2023, according to our econometric models.

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France Construction PMI


News Stream
French Construction Sector Contracts for 4th Month
The IHS Markit France Construction PMI rose to 48.9 in September of 2021 from 44.9 in the previous month. The latest reading pointed to a fourth straight month of contraction in construction activity but less severe than in August. Business activity and new orders fell further amid weaker demand and reports of intense shortages of construction materials. In fact, the deterioration in vendor performance was the second-sharpest recorded since data collection began in 2000. The decrease in construction work was primarily driven by civil engineering, as commercial building activity fell only marginally and the residential segment posted a modest expansion for the first time since May. On the other hand, construction firms hired extra staff at the fastest pace in almost two years. On the price front, input costs increased at one of the quickest rates seen in the survey history. Lastly, the level of business confidence was the strongest since June.
2021-10-06
French Construction Sector Contracts the Most in 6 Months
The IHS Markit France Construction PMI fell to 44.9 in August of 2021 from 48.5 in the previous month. The latest reading pointed to a third straight month of contraction in construction activity and at the quickest pace since February. Business activity decreased across the three broad areas of the construction sector, with civil engineering recording the sharpest pace of contraction, while the slowest drop was evident for housing work. As a result, new orders, employment and purchasing activity declined. There was also a further deterioration in supplier performance amid reports of raw material scarcity and logistical issues. On the price front, the rate of input price inflation eased from July's record, but was nonetheless one of the sharpest seen in the 21 years of data collection. Finally, business sentiment slipped to a four-month low amid concerns regarding material shortages and the loss of existing clients.
2021-09-06
French Construction Sector Shrinks the Most in 5 Months
The IHS Markit France Construction PMI edged down to 48.5 in July of 2021 from 48.9 in the previous month. The latest reading pointed to a second straight month of contraction in construction activity and at the quickest pace since February. Both building activity and new orders fell at the fastest rate since February. At the same time, intense supply chain disruptions persisted, which prompted firms to bolster their purchases of materials and other building products to protect against further delays. On the other hand, employment continued to rise to the fastest since February of 2020. At the sub-sector level, the ongoing downturn in activity was broad-based but centred on civil engineering. On the price front, input inflation accelerated to a new survey high. Lastly, the level of business confidence was firmly above its historical average and supported by forecasts of strong demand over the coming 12 months.
2021-08-05

France Last Unit Reference Previous Highest Lowest
Construction PMI 48.90 points Sep/21 44.90 58.00 3.80


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.