The S&P Global France Manufacturing PMI was revised lower to 50.5 in January 2023, down from a preliminary estimate of 50.8 and compared with December final reading of 49.2. Still, the latest PMI figure pointed to the first month of expansion in the sector since last August, at a rate that was only marginal, helped by a rebound in employment and a softer decrease in new orders. Still, factory output levels fell for an eighth successive month, due in part to high energy costs, and new business received from overseas clients dropped at the joint-quickest pace since May 2020. On the price front, input cost inflation slowed to a 25-month low, although selling prices increased at the fastest pace since last July. Finally, business confidence improved slightly, with growth expectations for the coming year at their most optimistic in five months. source: Markit Economics

Manufacturing PMI in France averaged 50.60 points from 2011 until 2023, reaching an all time high of 59.40 points in May of 2021 and a record low of 31.50 points in April of 2020. This page provides the latest reported value for - France Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. France Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.

Manufacturing PMI in France is expected to be 51.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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France Manufacturing PMI



Related Last Previous Unit Reference
Services PMI 49.20 49.50 points Jan 2023
Manufacturing PMI 50.50 49.20 points Jan 2023
Composite PMI 49.00 49.10 points Jan 2023

France Manufacturing PMI
In France, the Markit Manufacturing Purchasing Managers' Index measures the performance of the manufacturing sector and is derived from a survey of 400 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.
Actual Previous Highest Lowest Dates Unit Frequency
50.50 49.20 59.40 31.50 2011 - 2023 points Monthly
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News Stream
French Manufacturing PMI Revised Slightly Lower, Still a 5-Month High
The S&P Global France Manufacturing PMI was revised lower to 50.5 in January 2023, down from a preliminary estimate of 50.8 and compared with December final reading of 49.2. Still, the latest PMI figure pointed to the first month of expansion in the sector since last August, at a rate that was only marginal, helped by a rebound in employment and a softer decrease in new orders. Still, factory output levels fell for an eighth successive month, due in part to high energy costs, and new business received from overseas clients dropped at the joint-quickest pace since May 2020. On the price front, input cost inflation slowed to a 25-month low, although selling prices increased at the fastest pace since last July. Finally, business confidence improved slightly, with growth expectations for the coming year at their most optimistic in five months.
2023-02-01
France Factory Activity Returns to Growth
The S&P Global Manufacturing PMI for France increased to 50.8 in January of 2023, pointing to the first expansion in factory activity in five months, beating market forecasts of 49.6, preliminary estimates showed. Business sentiment strengthened, employment increased and there was a marginal rise in outstanding business. Also, January saw weaker cost pressures for inputs although selling price inflation picked up. On the other hand, factory output fell at the weakest pace since mid-2022 and delivery delays worsened.
2023-01-24
French Manufacturing PMI Revised Higher
The S&P Global France Manufacturing PMI rose to 49.2 in December of 2022, from 48.9 in the prior month, upwardly revised from the preliminary estimate of 48.9. The result marked the fourth consecutive contraction for the French manufacturing sector, although at a much softer pace, with output and new orders contracting at their slowest rates since May and June, respectively. Still, employment levels fell for the first time since January 2021. On the price front, the rate of input cost inflation was the weakest in almost two years, but output charges rebounded as firms decided to pass more costs to clients. Finally, French manufacturers were more optimistic about the 12-month outlook, with sentiment rising to a four-month high.
2023-01-02