Loading page content
Loading page content
France S&P Global Construction PMI climbed to 39.8 in September 2026, released October 2026, up 2.5 from August's 37.3 reading. The reading matched the 39 consensus.
across last 6 releases
Oct 2026
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| CAC 40 | ▲ Direct | +0.50 | INDEX | Moves with | → View |
| EUR/USD | ▲ Direct | +0.45 | FOREX | Moves with | → View |
| EUR/GBP | ▲ Direct | +0.40 | FOREX | Moves with | → View |
| EUR/JPY | ▲ Direct | +0.35 | FOREX | Moves with | → View |
| XAU/USD | ▼ Inverse | −0.30 | COMMODITIES | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
S&P Global Construction PMI (France) was reported at 39.80 in September 2026. This beat the market consensus of 39.00 by 0.80. The reading rose from the previous value of 37.30.
The trailing three releases averaged 39.53, down from the prior three at 40.13.
Historically, this indicator is positively correlated with CAC 40 (Bullish FR). A secondary relationship exists with EUR/USD, positively correlated (Bullish EUR). Over the last 6 releases, the Sigmacast model's median absolute error is 1.80.
The next release is scheduled for November 5, 2026. Same-country events in the next 14 days include Industrial Production MoM (Nov 5) and Balance of Trade (Nov 6).
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
The S&P Global Construction PMI is a widely recognized financial indicator that measures the performance of the global construction industry. It provides valuable insights into the current and future trends of the sector, including changes in output, new orders, employment, and business confidence. This indicator is used by investors, analysts, and policymakers to assess the health of the construction industry and make informed decisions. With its comprehensive coverage and timely updates, the S&P Global Construction PMI is an essential tool for understanding the state of the global economy.
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
Latest reading (Sep 2026): actual 39.8, consensus 39. Prior reading (Aug 2026): 37.3. Before that (Jul 2026): 41.5.
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with CAC 40 (Bullish FR, r=0.50) — a useful reference for index-focused traders.
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
| Friday, October 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:30 | GDP Growth Rate QoQ | -0.1 | 0 | 0.1 | 0.00 | High | |
| 06:30 | GDP Growth Rate YoY | -0.1 | 0.5 | 0.3 | 0.10 | High | |
| 06:30 | Household Consumption MoM | -0.5 | -0.5 | 0.1 | -0.20 | Low | |
| 06:30 | Consumer Spending MoM | -0.5 | -0.5 | 0.1 | -0.20 | Medium | |
| 07:45 | Producer Price Index MoM | 1.7 | 1 | 0.5 | 0.75 | Low | |
| 07:45 | Inflation Rate MoM | 0.4 | -0.3 | 0.2 | 0.33 | Medium | |
| 07:45 | Harmonised Inflation Rate MoM | 0.4 | -0.3 | 0.3 | 0.40 | Low | |
| 07:45 | Harmonised Inflation Rate YoY | 3.8 | 3.4 | 3.6 | 3.73 | Low | |
| 07:45 | Producer Price Index YoY | 6.8 | 4.9 | 5.4 | 5.73 | Low | |
| 07:45 | Non-Farm Payrolls QoQ | -0.1 | -0.1 | -0.1 | -0.10 | Low | |
| 07:45 | Inflation Rate YoY | 3.4 | 3.1 | 3.2 | 3.33 | High | |