2026.06.2306:58:21UTC+00France Manufacturing Sentiment Weakens

France’s manufacturing business climate index slipped to 100 in June 2026 from 102 in May, coming in below market expectations of 101. The weakening was driven mainly by a sharp fall in past production, which dropped to 3 from 14 in May.

Order conditions were broadly stable. Global order books held steady at -14, while foreign order books eased slightly to -11 from -10. Both indicators, however, remained above their long-term averages. Finished-goods inventories ticked up to 14 from 13, pointing to modest restocking.

Labour market signals were little changed. Past staffing levels remained at -2, and expected staffing stayed at 0, indicating subdued hiring intentions.

Forward-looking sentiment was weak but mixed. The general production outlook improved somewhat, to -15 from -17, whereas firms’ own production expectations softened to 2 from 4.

Price pressures showed signs of easing: expected selling prices fell to 19 from 22, although they stayed at a relatively high level. Economic uncertainty also edged lower, with the corresponding index declining to 32 from 37.