The S&P Global France Manufacturing PMI fell to 49.5 in July of 2022 from 51.4 in the prior month, revised downwards from the preliminary estimate of 49.6. It was the lowest figure since May 2020, as both manufacturing output and new orders declined at the fastest pace since the pandemic-induced disruptions in the first half of 2020. Surveyors cited lower demand as clients were hesitant with uncertain economic conditions, the war in Ukraine, and the inflation outlook. Subsequently, the rate of job creation slowed to a ten-month low. On the price front, inflationary pressures eased slightly from the previous month, although still high. Finally, business confidence was historically subdued in July. source: Markit Economics
Manufacturing PMI in France averaged 50.68 points from 2011 until 2022, 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 August of 2022.
Manufacturing PMI in France is expected to be 54.60 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 54.50 points in 2023 and 54.00 points in 2024, according to our econometric models.