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.