The IHS Markit France Construction PMI fell to 46.4 in June of 2022 from 50.9 in the prior month. The latest reading pointed to a renewed contraction in construction activity that was the steepest in ten months, following two months of mild expansion. The downturn was broad-based across sub-sectors, led by the residential segment. There was a further decline in new business, with customer demand reportedly dampened by high prices. Purchasing activity also weakened. Meanwhile, firms continued to add to their workforce numbers in anticipation of improved activity. On the price front, the rate of input cost inflation remained substantial overall in June amid a further marked lengthening of suppliers' delivery times. Looking forward, business confidence towards the one-year outlook for activity improved to its highest for nearly three years, amid hopes of strengthening demand. source: Markit Economics

Construction PMI in France averaged 46.23 points from 2013 until 2022, 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 July of 2022.

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

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France Construction PMI



Related Last Previous Unit Reference
Construction PMI 46.40 50.90 points Jun 2022

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
46.40 50.90 58.00 3.80 2013 - 2022 points Monthly
SA

News Stream
French Construction Sector Falls Back Into Contraction
The IHS Markit France Construction PMI fell to 46.4 in June of 2022 from 50.9 in the prior month. The latest reading pointed to a renewed contraction in construction activity that was the steepest in ten months, following two months of mild expansion. The downturn was broad-based across sub-sectors, led by the residential segment. There was a further decline in new business, with customer demand reportedly dampened by high prices. Purchasing activity also weakened. Meanwhile, firms continued to add to their workforce numbers in anticipation of improved activity. On the price front, the rate of input cost inflation remained substantial overall in June amid a further marked lengthening of suppliers' delivery times. Looking forward, business confidence towards the one-year outlook for activity improved to its highest for nearly three years, amid hopes of strengthening demand.
2022-07-06
France Construction Activity Growth at 4-Month High
The IHS Markit France Construction PMI rose to 50.9 in May of 2022 from 50.6 in the prior month, marking a second successive mild expansion in French construction activity but still the fastest in four months. The increase in overall activity was only driven by civil engineering as commercial and residential building work declined. Firms expanded both purchasing activity and workforce numbers. Meanwhile, new orders fell at the strongest pace in nine months amid rising prices and reports of client hesitancy. There was also evidence of substantial supply constraints during May with average input lead times lengthening considerably amid frequent mentions of supply shortages. In terms of prices, the rate of input price inflation was the second-sharpest on record. Finally, business sentiment reached the highest in four months amid hopes of supportive demand conditions.
2022-06-07
France Construction Activity Returns to Growth
The IHS Markit France Construction PMI rose to 50.7 in April of 2022 from 48.4 in the prior month, indicating renewed growth of construction activity across France. It was the first expansion since January, although modest, exclusively driven by an increase in civil engineering activity as construction work relating to residential and commercial projects both fell. The rate of job growth edged slightly higher to a three-month high. Meanwhile, new orders slipped back into decline amid weakening demand linked to higher rates charged. There was also a further lengthening in average input lead times during April, mainly attributed to raw material shortages at vendors. On the price front, input costs surge at an unprecedented rate in April, as soaring energy prices were exacerbated by an increase in the price of oil-related products. Finally, the level of business confidence strengthened at the start of the second quarter to its highest since January.
2022-05-05