The IHS Markit France Composite PMI edged down to 55.9 in August of 2021 from 56.6 in July and in line with preliminary estimates. The latest reading pointed to the softest expansion in private sector activity since April, amid ongoing supply issues and COVID-19 health protocols, with output growth slowing in both the goods producing and the tertiary sector. Overall, new orders also eased, however, demand for services outpaced demand for goods domestically, whereas exports rose faster in the manufacturing sector. Meanwhile, employment grew at the sharpest pace in almost three years, as companies responded to growing backlogs of work. On the price front, inflationary pressures eased marginally but were still notable. Looking forward, business confidence eased to a seven-month low, mostly weighed down by manufacturers. source: Markit Economics

Composite PMI in France averaged 50.30 points from 2012 until 2021, 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. France Composite PMI - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Composite PMI in France is expected to be 55.80 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 54.60 points in 2022 and 54.20 points in 2023, according to our econometric models.

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France Composite PMI

Actual Previous Highest Lowest Dates Unit Frequency
55.90 56.60 60.30 11.10 2012 - 2021 points Monthly


News Stream
French Private Sector Growth Confirmed at 4-Month Low
The IHS Markit France Composite PMI edged down to 55.9 in August of 2021 from 56.6 in July and in line with preliminary estimates. The latest reading pointed to the softest expansion in private sector activity since April, amid ongoing supply issues and COVID-19 health protocols, with output growth slowing in both the goods producing and the tertiary sector. Overall, new orders also eased, however, demand for services outpaced demand for goods domestically, whereas exports rose faster in the manufacturing sector. Meanwhile, employment grew at the sharpest pace in almost three years, as companies responded to growing backlogs of work. On the price front, inflationary pressures eased marginally but were still notable. Looking forward, business confidence eased to a seven-month low, mostly weighed down by manufacturers.
2021-09-03
French Private Sector Growth Slowest in 4 Months
The IHS Markit France Composite PMI went down to 55.9 in August of 2021 from 56.6 in July and below market expectations of 56.5, a preliminary estimate showed. The latest reading pointed to the softest expansion in private sector activity since April, amid ongoing issues with supplies of goods and COVID-19 health protocols. The rate of increase in total new business was the slowest in four months and exports growth momentum also eased, as the impact of intense supply shortages and delivery bottlenecks persisted. This was despite underlying client demand remained healthy in light of pandemic-related restrictions being lifted and tourism improving. Meanwhile, employment grew at the sharpest pace in almost three years. On the prices front, inflationary pressures eased marginally but were still notable. Looking forward, business confidence eased to a seven-month low, as some firms were concerned about a prolongation of supply chain issues.
2021-08-23
French Private Sector Growth Remains Strong in July
The IHS Markit France Composite PMI went down to 56.8 in July of 2021 from 57.4 in the previous month and below market expectations of 58.5, a preliminary estimate showed. Growth was spurred on by further intakes of new business, which grew at one of the fastest rates seen in over three years. Service sector output growth continued to surpass that seen in the manufacturing sector amid looser lockdown restrictions. That was in spite of a faster increase in goods production. Looking forward, business sentiment receded to a four-month low as some firms were concerned that sustained difficulties in acquiring inputs could result in lower levels of output.
2021-07-23
French Private Sector Growth Quickest in Over 3 Years
The IHS Markit France Composite PMI was revised slightly higher to 57.4 in June of 2021 from a preliminary estimate of 57.1 and compared with May's 57. The latest reading pointed to the strongest expansion in private sector activity since January of 2018. Growth in manufacturing output remained strong despite slowing (PMI at 59 vs 59.4 in May), while looser lockdown restrictions facilitated a faster expansion in services activity (PMI 57.8 vs 56.6). New orders and employment continued to rise sharply. Meanwhile, backlogs of work were accumulated at the fastest rate since January 2018. Lastly, price pressures persisted in June, with input price and output charge inflation at decade highs.
2021-07-05

France Composite PMI
In France, the Markit France Composite Output Index tracks business trends across private sector activity, based on data collected from a representative panel of around 800 companies. The index tracks variables such as sales, new orders, employment, inventories and prices. A reading above 50 indicates expansion in business activity and below 50 indicates that it is generally declining.