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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
FranceFrance S&P Global Manufacturing PMI climbed to 51.1 Points in August 2026
FMPMonthlyReleased September 2026
France S&P Global Manufacturing PMI climbed to 51.1 Points in August 2026, released September 2026, up 1.3 Points from July's 49.8 Points reading. The reading matched the 51.5 Points consensus.
Latest Release
51.100000
Actual
51.500000
Consensus
49.800000
Previous
Median Absolute Error
±0.63
across last 12 releases
Last Call
Sep 2026
Predicted: 51.63
Actual: 51.1
Error: +0.52
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 |
|---|---|---|---|---|---|
| S&P 500 | ▼ Inverse | −0.39 | INDEX | Moves against | → View |
| FTSE 100 | ▼ Inverse | −0.31 | INDEX | Moves against | → View |
| Euro STOXX 50 | ▼ Inverse | −0.26 | INDEX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
S&P Global Manufacturing PMI (France) was reported at 51.10 Points in August 2026. This missed the market consensus of 51.50 Points by 0.40 Points. The reading rose from the previous value of 49.80 Points. Over the past 12 months, the indicator has averaged 50.21 Points, ranging from 48.90 Points to 51.50 Points across 9 releases.
WHY IT MATTERS
The trailing three releases averaged 50.80 Points, up from the prior three at 50.13 Points.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with S&P 500 (Bearish S&P 500). A secondary relationship exists with FTSE 100, negatively correlated (Bearish FTSE 100). Over the last 12 releases, the Sigmacast model's median absolute error is 0.63 Points.
WHAT TO WATCH NEXT
The next release is scheduled for September 23, 2026. Same-country events in the next 14 days include S&P Global Services PMI (Sep 23) and S&P Global Composite PMI (Sep 23).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
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S&P Global Manufacturing PMI - FR
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About S&P Global Manufacturing PMI — France
DEFINITION
The S&P Global Manufacturing PMI is a widely recognized financial indicator that measures the performance of the manufacturing sector in major economies around the world. It provides valuable insights into the health and growth of the global manufacturing industry, serving as a key barometer for investors, businesses, and policymakers. The index is based on a monthly survey of purchasing managers, and its timely and accurate data is highly regarded for its ability to forecast economic trends and inform decision-making.
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. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Aug 2026): actual 51.1 Points, consensus 51.5 Points. Prior reading (Aug 2026): 51.5 Points. Before that (Jul 2026): 49.8 Points.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook diverging from that direction. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary tailwind in the current projection.
Σ
EXPECTED ZONE
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Economic Calendar - FR Events
| Tuesday, September 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:45 | FR | Harmonised Inflation Rate YoY | 2.7 | 2.4 | 2.7 | 2.70 | Low |
| 06:45 | FR | Harmonised Inflation Rate MoM | 0.8 | 0.6 | 0.8 | 0.80 | Low |
| 06:45 | FR | Inflation Rate MoM | 0.7 | 0.6 | 0.7 | 0.70 | Low |
| 06:45 | FR | Inflation Rate YoY | 2.4 | 2.1 | 2.4 | 2.40 | Low |