France’s S&P Global Manufacturing PMI fell to 49.7 in May 2026 from 52.8 in April, slipping back into contraction, but above the flash estimate of 48.9. Output and new orders declined, reversing April’s stockpiling-driven gains, while production, purchasing volumes, and inventories also fell. Export demand weakened, particularly from Belgium, Germany, and Ukraine. Supply-chain pressures intensified, with vendor delivery times lengthening at the fastest pace since January 2023 due to raw material shortages, transport constraints, and higher fuel costs. Purchasing activity eased after April’s surge, while firms reduced inventories at the fastest rate since November 2025. Employment continued to fall, and backlogs of work declined for the first time this year. Input cost inflation climbed to a four-year high on fuel, metals, and chemicals, while output prices increased at the fastest pace in 40 months. Business confidence weakened amid uncertainty, low demand, and geopolitical tensions. source: S&P Global
Manufacturing PMI in France decreased to 49.70 points in May from 52.80 points in April of 2026. Manufacturing PMI in France averaged 49.72 points from 2011 until 2026, 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.
Manufacturing PMI in France decreased to 49.70 points in May from 52.80 points in April of 2026. Manufacturing PMI in France is expected to be 50.10 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 52.60 points in 2027 and 52.40 points in 2028, according to our econometric models.