The IHS Markit France Construction PMI fell to 44.9 in August of 2021 from 48.5 in the previous month. The latest reading pointed to a third straight month of contraction in construction activity and at the quickest pace since February. Business activity decreased across the three broad areas of the construction sector, with civil engineering recording the sharpest pace of contraction, while the slowest drop was evident for housing work. As a result, new orders, employment and purchasing activity declined. There was also a further deterioration in supplier performance amid reports of raw material scarcity and logistical issues. On the price front, the rate of input price inflation eased from July's record, but was nonetheless one of the sharpest seen in the 21 years of data collection. Finally, business sentiment slipped to a four-month low amid concerns regarding material shortages and the loss of existing clients. source: Markit Economics

Construction PMI in France averaged 45.85 points from 2013 until 2021, 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 September of 2021.

Construction PMI in France is expected to be 52.80 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 2022 and 54.00 points in 2023, according to our econometric models.

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France Construction PMI

Actual Previous Highest Lowest Dates Unit Frequency
44.90 48.50 58.00 3.80 2013 - 2021 points Monthly
SA


News Stream
French Construction Sector Contracts the Most in 6 Months
The IHS Markit France Construction PMI fell to 44.9 in August of 2021 from 48.5 in the previous month. The latest reading pointed to a third straight month of contraction in construction activity and at the quickest pace since February. Business activity decreased across the three broad areas of the construction sector, with civil engineering recording the sharpest pace of contraction, while the slowest drop was evident for housing work. As a result, new orders, employment and purchasing activity declined. There was also a further deterioration in supplier performance amid reports of raw material scarcity and logistical issues. On the price front, the rate of input price inflation eased from July's record, but was nonetheless one of the sharpest seen in the 21 years of data collection. Finally, business sentiment slipped to a four-month low amid concerns regarding material shortages and the loss of existing clients.
2021-09-06
French Construction Sector Shrinks the Most in 5 Months
The IHS Markit France Construction PMI edged down to 48.5 in July of 2021 from 48.9 in the previous month. The latest reading pointed to a second straight month of contraction in construction activity and at the quickest pace since February. Both building activity and new orders fell at the fastest rate since February. At the same time, intense supply chain disruptions persisted, which prompted firms to bolster their purchases of materials and other building products to protect against further delays. On the other hand, employment continued to rise to the fastest since February of 2020. At the sub-sector level, the ongoing downturn in activity was broad-based but centred on civil engineering. On the price front, input inflation accelerated to a new survey high. Lastly, the level of business confidence was firmly above its historical average and supported by forecasts of strong demand over the coming 12 months.
2021-08-05
French Construction Sector Falls Back into Contraction
The IHS Markit France Construction PMI fell to 48.9 in June of 2021 from 51.1 in the previous month. The latest reading pointed to a renewed decline in construction activity after signs of recovery in May, as business activity fell at the fastest rate in four months. Meanwhile, order books continued to rise and firms hired additional staff. In terms of prices, the rate of input price inflation was among the sharpest ever recorded, amid strong input demand and dwindling supply. There was also evidence of continued pressure on suppliers to the French construction sector as input lead times lengthened to one of the greatest degrees ever seen in survey's history. Lastly, the level of positive sentiment increased for the second month running and was the strongest for almost two years.
2021-07-06
French Construction Sector Recovers Slightly in May
The IHS Markit France Construction PMI rose to 51.1 in May of 2021 from 49.8 in the previous month. Although only pointing to a mild rate of expansion, the latest reading marked the first upturn in activity since June 2020. A sharp rise in new orders prompted firms to expand their purchasing activity at a faster rate. Meanwhile, staffing levels declined for the second successive month, albeit only fractionally. Also, supply-chain delays were the second-worst on record, amid reports of raw material shortages at vendors. At the sub-sector level, the expansion was driven by renewed increases in homebuilding and commercial construction activity. Meanwhile, civil engineering activity declined again, and at a steeper rate than in April. On the price front, input prices increased again, with the rate of inflation the sharpest since June 2008. Looking forward, business confidence reached a three-month high in May, amid firmer demand conditions.
2021-06-04

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.