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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
FranceFrance S&P Global Construction PMI fell to 37.3 in August 2026
FMPMonthlyReleased September 2026
France S&P Global Construction PMI fell to 37.3 in August 2026, released September 2026, down 4.2 from July's 41.5 reading. The reading missed the 42 consensus by 4.7.
Latest Release
37.300000
Actual
42.000000
Consensus
41.500000
Previous
Median Absolute Error
±2
across last 5 releases
Last Call
Sep 2026
Predicted: 42.13
Actual: 37.3
Error: +4.83
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| 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.
THE RELEASE
S&P Global Construction PMI (France) was reported at 37.30 in August 2026. This missed the market consensus of 42.00 by 4.70. The reading fell from the previous value of 41.50.
WHY IT MATTERS
The trailing three releases averaged 39.00, down from the prior three at 42.50.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with CAC 40 (Bullish FR). A secondary relationship exists with EUR/USD, positively correlated (Bullish EUR).
WHAT TO WATCH NEXT
The next release is scheduled for November 5, 2026. Same-country events in the next 14 days include Balance of Trade (Oct 7).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
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S&P Global Construction PMI - FR
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About S&P Global Construction PMI — France
DEFINITION
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.
WHY THIS INDICATOR MATTERS
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.
WHAT CHANGED THIS MONTH
Latest reading (Sep 2026): actual 39.8, consensus 39. Prior reading (Aug 2026): 37.3. Before that (Jul 2026): 41.5.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish 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.
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Economic Calendar - FR Events
| Monday, October 5, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 07:50 | FR | S&P Global Composite PMI | 51.1 | 48.5 | 51.2 | 51.15 | Low |
| 07:50 | FR | S&P Global Services PMI | 51.2 | 48 | 51.4 | 51.30 | Low |
| Tuesday, October 6, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:45 | FR | Budget Balance | -159.6 | -145.9 | -160.2 | -159.90 | Low |
| 06:45 | FR | Industrial Production MoM | -0.3 | -0.6 | 0.3 | 0.00 | Medium |
| 07:30 | FR | S&P Global Construction PMI | 39.8 | 37.3 | 39 | 39.40 | Low |
| Wednesday, October 7, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:45 | FR | Foreign Exchange Reserves | 380.694 | 381 | 368.14 | Low | |
| 06:45 | FR | Imports | 61.3 | 61.6 | 61.15 | Low | |
| 06:45 | FR | Exports | 54.7 | 55.1 | 54.35 | Low | |
| 06:45 | FR | Balance of Trade | -6.7 | -6.5 | -7.35 | Medium | |
| 06:45 | FR | Current Account | -4.7 | -4.3 | -3.45 | Low | |