France EUR

France Markit Manufacturing PMI Final

Impact:
High
Source: Markit Economics

Latest Release:

Date:
Big Surprise:
-0.4
| EUR
Actual:
57.2
Forecast: 57.6
Previous/Revision:
55.5
Period: Feb
What Does It Measure?
The France Markit Manufacturing PMI Final measures the health of the manufacturing sector in France, focusing on variables such as production levels, new orders, employment, and supplier deliveries. Specifically, a PMI reading above 50 indicates expansion in manufacturing activity, while a reading below 50 signifies contraction, making it a crucial national indicator of economic performance.
Frequency
The final report for the France Markit Manufacturing PMI is released monthly, typically on the first business day of each month, providing a finalized assessment of the sector based on the preliminary estimate.
Why Do Traders Care?
Traders monitor the France Markit Manufacturing PMI because it directly impacts economic forecasts and influences financial markets; stronger than expected results may boost the euro and equity markets, while disappointing figures can lead to declines in these assets. Additionally, its timeliness makes it an essential indicator for assessing the manufacturing sector’s health and overall economic trajectory.
What Is It Derived From?
The France Markit Manufacturing PMI is derived from survey responses collected from purchasing managers at various manufacturing firms, utilizing a diffusion index that accounts for the number of positive vs. negative responses across several key sectors. The survey typically includes a diverse set of firms to ensure representativeness, and its methodology adheres to industry standards for accuracy.
Description
The report is released in two versions: a preliminary estimate that provides an early indication of manufacturing activity based on a limited data set and a final report that offers a more accurate reflection based on comprehensive data collection. Financial markets often react swiftly to the preliminary data due to its advance release, but the final figures can lead to adjustments in sentiment as they offer a clearer picture of the economic landscape.
Additional Notes
The Markit Manufacturing PMI is considered a leading economic indicator, providing insights into future economic performance and trends in manufacturing output. It serves not only as an important gauge for France but also as a comparative measure against similar PMI reports from other countries, helping traders analyze global economic relationships.
Bullish or Bearish for Currency and Stocks
Higher than expected: Bullish for EUR, Bullish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
Mar 01, 2022
57.2
 57.6
55.5
-0.4
Feb 01, 2022
55.5
 55.5
55.6
Jan 03, 2022
55.6
 54.9
55.9
0.7
Dec 01, 2021
55.9
 54.6
53.6
1.3
Nov 02, 2021
53.6
 53.5
55
 0.1
Oct 01, 2021
55
 55.2
57.5
 -0.2
Sep 01, 2021
57.5
 57.3
58
 0.2
Aug 02, 2021
58
 58.1
59
 -0.1
Jul 01, 2021
59
 58.6
59.4
0.4
Jun 01, 2021
59.4
 59.2
58.9
 0.2
May 03, 2021
58.9
 59.2
59.3
-0.3
Apr 01, 2021
59.3
 58.8
56.1
0.5
Mar 01, 2021
56.1
 55
51.6
1.1
Feb 01, 2021
51.6
 51.5
51.1
 0.1
Jan 04, 2021
51.1
 51.1
49.6
Dec 01, 2020
49.6
 49.1
51.3
0.5
Nov 02, 2020
51.3
 51
51.2
 0.3
Oct 01, 2020
51.2
 50.9
49.8
0.3
Sep 01, 2020
49.8
 49
52.4
0.8
Aug 03, 2020
52.4
 52
52.3
0.4
Jul 01, 2020
52.3
 52.1
40.6
 0.2
Jun 01, 2020
40.6
 40.3
40.3
0.3
May 04, 2020
31.5
 31.5
43.2
Apr 01, 2020
43.2
 42.9
49.8
0.3
Mar 02, 2020
49.8
 49.7
51.1
 0.1
Feb 03, 2020
51.1
 51
50.4
 0.1
Jan 02, 2020
50.4
 50.3
51.7
 0.1
Dec 02, 2019
51.7
 51.6
50.7
 0.1
Nov 04, 2019
50.7
 50.5
50.1
 0.2
Oct 01, 2019
50.1
 50.3
51.1
 -0.2
Sep 02, 2019
51.1
 51
49.7
 0.1
Aug 01, 2019
49.7
 50
51.9
-0.3
Jul 01, 2019
51.9
 52
50.6
 -0.1
Jun 03, 2019
50.6
 50.6
50
May 02, 2019
50
 49.6
49.7
0.4
Apr 01, 2019
49.7
 49.8
51.5
 -0.1
Mar 01, 2019
51.5
 51.4
51.2
 0.1
Feb 01, 2019
51.2
 51.2
49.7
Jan 02, 2019
49.7
 49.7
50.8
Dec 03, 2018
50.8
 50.7
51.2
 0.1
Nov 02, 2018
51.2
 51.2
52.5
Oct 01, 2018
52.5
 52.5
53.5
Sep 03, 2018
53.5
 53.7
53.3
 -0.2
Aug 01, 2018
53.3
 53.1
52.5
 0.2
Jul 02, 2018
52.5
 52
54.4
0.5
Jun 01, 2018
54.4
 55.1
53.8
-0.7
May 02, 2018
53.8
 53.4
53.7
0.4
Apr 03, 2018
53.7
 53.6
55.9
 0.1
Mar 01, 2018
55.9
 56.1
58.4
 -0.2
Feb 01, 2018
58.4
 58.1
58.8
0.3
Jan 02, 2018
58.8
 59.3
57.7
-0.5
Dec 01, 2017
57.7
 57.5
56.1
 0.2
Nov 02, 2017
56.1
 56.7
56.1
-0.6
Oct 02, 2017
56.1
 56
55.8
 0.1
Sep 01, 2017
55.8
 55.8
54.9
Aug 01, 2017
54.9
 55.4
54.8
-0.5
Jul 03, 2017
54.8
 55
53.8
-0.2
Jun 01, 2017
53.8
 54
55.1
-0.2
May 02, 2017
55.1
 55.1
53.3
Apr 03, 2017
53.3
 53.4
52.2
 -0.1
Mar 01, 2017
52.2
 52.3
53.6
 -0.1
Feb 01, 2017
53.6
 53.4
53.5
 0.2
Jan 02, 2017
53.5
 59.3
51.7
-5.8
Dec 01, 2016
51.7
 51.5
51.8
 0.2
Nov 02, 2016
51.8
 51.3
49.7
0.5
Oct 03, 2016
49.7
 49.5
48.3
0.2
Sep 01, 2016
48.3
 48.5
48.6
-0.2
Aug 01, 2016
48.6
 48.6
48.3
Jul 01, 2016
48.3
 47.9
48.4
0.4
Jun 01, 2016
48.4
 48.3
48
 0.1
May 02, 2016
48
 48.3
49.6
-0.3
Apr 01, 2016
49.6
 49.6
50.2
Mar 01, 2016
50.2
 50.3
50
 -0.1
Feb 01, 2016
50
 50
51.4
Jan 04, 2016
51.4
 51.6
50.6
-0.2
Dec 01, 2015
50.6
 50.8
50.6
 -0.2
Nov 02, 2015
50.6
 50.7
50.6
 -0.1
Oct 01, 2015
50.6
 50.4
48.3
 0.2
Sep 01, 2015
48.3
 48.6
49.6
-0.3
Aug 03, 2015
49.6
 49.6
50.7
Jul 01, 2015
50.7
 50.5
49.4
 0.2
Jun 01, 2015
49.4
 49.3
48
 0.1
May 04, 2015
48
 48.4
48.8
 -0.4