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France S&P Global Construction PMI fell to 42.6 in December 2023, released January 2024, down 2 from November's 44.6 reading. The reading missed the 45.5 consensus by 2.9.
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| CAC 40 | ▲ Direct | +0.50 | INDEX | Bullish FR | → View |
| EUR/USD | ▲ Direct | +0.45 | FOREX | Bullish EUR | → View |
| EUR/GBP | ▲ Direct | +0.40 | FOREX | Bullish EUR | → View |
| EUR/JPY | ▲ Direct | +0.35 | FOREX | Bullish EUR | → View |
| XAU/USD | ▼ Inverse | −0.30 | COMMODITIES | Watch | → 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 42.60 in December 2023. This missed the market consensus of 45.50 by 2.90. The reading fell from the previous value of 44.60.
The trailing three releases averaged 44.37, up from the prior three at 43.37.
Historically, this indicator is positively correlated with CAC 40 (Bullish FR). A secondary relationship exists with EUR/USD, positively correlated (Bullish EUR).
The next release is scheduled for June 4, 2026. Same-country events in the next 14 days include Consumer Confidence (May 27) and Unemployment Benefit Claims (May 27).
Auto-generated from current model state · Refreshes on each release · Last update January 2024.
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 (Apr 2026): actual 38.1, consensus 40. Prior reading (Mar 2026): 38.4. Before that (Dec 2023): 42.6.
Sigmacast's 1-month forecast points to a lower 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 headwind 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.
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| Wednesday, May 27, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:45 | Consumer Confidence | 84 | 85 | 85.50 | Medium | ||
| 10:00 | Jobseekers Total | 3109.1 | 3132.1 | 3132.10 | Low | ||
| 10:00 | Unemployment Benefit Claims | 35.6 | 23 | 23.00 | Medium | ||
| Thursday, May 28, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:45 | Producer Price Index MoM | 2 | 1.1 | 1.10 | Low | ||
| 06:45 | Producer Price Index YoY | 0.2 | 5.6 | 5.60 | Low | ||