The S&P Global France Composite PMI fell to 44.9 in May 2026 from 47.6 in April, marking a 28-month low and signalling the fastest contraction in private sector activity since early 2024. The decline reflected a sharp deterioration in demand conditions, with total new business falling at the steepest pace in a year-and-a-half amid weakening economic momentum. Labour market conditions also worsened, as private sector employment declined at the fastest rate in 15 months. At the same time, inflationary pressures intensified further, with input costs and output charges rising at their fastest rates in 38 and 36 months respectively, driven by persistent cost pressures across manufacturing and services. Looking ahead, business sentiment fell to a one-year low and was only slightly positive, as firms cited inflation and uncertainty from the Middle East conflict. Expectations for future activity continued to weaken, extending a decline in confidence that began earlier in the year. source: S&P Global
Composite PMI in France decreased to 44.90 points in May from 47.60 points in April of 2026. Composite PMI in France averaged 50.10 points from 2012 until 2026, reaching an all time high of 60.30 points in November of 2017 and a record low of 11.10 points in April of 2020. This page provides the latest reported value for - France Composite PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Composite PMI in France decreased to 44.90 points in May from 47.60 points in April of 2026. Composite PMI in France is expected to be 46.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the France Composite PMI is projected to trend around 52.90 points in 2027 and 52.80 points in 2028, according to our econometric models.