The IHS Markit France Manufacturing PMI rose to 55.9 in November of 2021 from 53.6 in the previous month and significantly higher than preliminary estimates of 54.6. The latest reading remained the strongest pace of expansion in factory in two months, supported by a stronger demand. Production levels were seen stabilizing, underpinned by higher demand for consumer goods which more than offset contractions in investment and intermediate goods. Manufacturers registered the highest increase in new orders in three months, taking business confidence to a five-month high. At the same time, backlogs of work rose considerably, leading employment growth to a three-month high. Meanwhile, supply chain issues capped better sentiment, driven by port closures in parts of Europe and shortage of key materials, especially semiconductors for the automotive industry. Also, considerable inflationary pressures from energy and transports persisted in November, leading output price inflation to a new high. source: Markit Economics
Manufacturing PMI in France averaged 50.45 points from 2011 until 2021, 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 December of 2021.
Manufacturing 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 Manufacturing PMI is projected to trend around 55.00 points in 2022 and 54.00 points in 2023, according to our econometric models.