The S&P Global France Manufacturing PMI fell to a 19-month low of 51 in June of 2022 from 54.6 in the prior month, missing market estimates of 54, a flash estimate showed. Goods production was seen lower for the first time since October of 2021, citing issues in both demand and supply sides amid an adverse rise in prices and growing uncertainty. New orders growth trailed to a 14-month low, while employment rose at the lowest rate in four months. Input costs inflation advanced at a slightly slower pace than in the previous month but remained close to record highs due to surging prices of raw materials, fuel, transportation, and wages. Looking forward, the level of confidence for French manufacturers slipped to a 19-month low. 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 June of 2022.
Manufacturing PMI in France is expected to be 54.20 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.