The IHS Markit France Construction PMI rose to 50.9 in May of 2022 from 50.6 in the prior month, marking a second successive mild expansion in French construction activity but still the fastest in four months. The increase in overall activity was only driven by civil engineering as commercial and residential building work declined. Firms expanded both purchasing activity and workforce numbers. Meanwhile, new orders fell at the strongest pace in nine months amid rising prices and reports of client hesitancy. There was also evidence of substantial supply constraints during May with average input lead times lengthening considerably amid frequent mentions of supply shortages. In terms of prices, the rate of input price inflation was the second-sharpest on record. Finally, business sentiment reached the highest in four months amid hopes of supportive demand conditions. source: Markit Economics

Construction PMI in France averaged 46.23 points from 2013 until 2022, 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 June of 2022.

Construction 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. In the long-term, the France Construction PMI is projected to trend around 54.70 points in 2023 and 54.00 points in 2024, according to our econometric models.

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France Construction PMI



Related Last Previous Unit Reference
Construction PMI 50.90 50.60 points May 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
50.90 50.60 58.00 3.80 2013 - 2022 points Monthly
SA

News Stream
France Construction Activity Growth at 4-Month High
The IHS Markit France Construction PMI rose to 50.9 in May of 2022 from 50.6 in the prior month, marking a second successive mild expansion in French construction activity but still the fastest in four months. The increase in overall activity was only driven by civil engineering as commercial and residential building work declined. Firms expanded both purchasing activity and workforce numbers. Meanwhile, new orders fell at the strongest pace in nine months amid rising prices and reports of client hesitancy. There was also evidence of substantial supply constraints during May with average input lead times lengthening considerably amid frequent mentions of supply shortages. In terms of prices, the rate of input price inflation was the second-sharpest on record. Finally, business sentiment reached the highest in four months amid hopes of supportive demand conditions.
2022-06-07
France Construction Activity Returns to Growth
The IHS Markit France Construction PMI rose to 50.7 in April of 2022 from 48.4 in the prior month, indicating renewed growth of construction activity across France. It was the first expansion since January, although modest, exclusively driven by an increase in civil engineering activity as construction work relating to residential and commercial projects both fell. The rate of job growth edged slightly higher to a three-month high. Meanwhile, new orders slipped back into decline amid weakening demand linked to higher rates charged. There was also a further lengthening in average input lead times during April, mainly attributed to raw material shortages at vendors. On the price front, input costs surge at an unprecedented rate in April, as soaring energy prices were exacerbated by an increase in the price of oil-related products. Finally, the level of business confidence strengthened at the start of the second quarter to its highest since January.
2022-05-05
French Construction Sector Contracts
The IHS Markit France Construction PMI decreased to 48.4 in March of 2022 from 50 in the prior month, indicating a change to contractionary territory. It was the first contraction in building activity since last September, reflecting lower activity levels, due to persistent supply issues and rising cost pressures. The contraction was broad overall, with commercial construction seeing the fastest decline, followed by civil engineering works and then residential building. Constructors faced substantial supply issues, namely lengthier delivery times and one of the fastest input price inflation rates in the survey’s history. On the other hand, new orders made a strong comeback after seeing the steepest decline in six months in February, resulting in higher employment. Looking ahead, expectations over business activity were upbeat, supported by projects in backlogs and higher demand prospects, although geopolitical tensions and inflation woes limited confidence levels.
2022-04-06