The IHS Markit France Manufacturing PMI rose to 59.3 in March of 2021 from 56.1 in February and above a preliminary estimate of 58.8. The latest reading signalled the quickest expansion in factory activity since September 2000, as manufacturers have been able to ramp up operations despite ongoing Covid-19 restrictions. Output, new orders, exports and employment increased markedly. Also, purchasing activity gathered momentum, on needs for additional materials to fulfill incoming orders and amid efforts to build input stocks amid shortages of raw materials. Still, there were further signs of severe supply-chain disruption as a result of the pandemic, with input delivery times lengthening markedly and cost burdens continuing to soar. Looking forward, firms remained optimistic towards the 12-month business outlook although the degree of positivity eased from February. source: Markit Economics
Manufacturing PMI in France averaged 50 points from 2011 until 2021, reaching an all time high of 59.30 points in March 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 April of 2021.
Manufacturing PMI in France is expected to be 54.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in France to stand at 54.00 in 12 months time. In the long-term, the France Manufacturing PMI is projected to trend around 55.00 points in 2022 and 54.00 points in 2023, according to our econometric models.