The S&P Global France Construction PMI fell to 38.2 in June 2026, down from 39.6 in May, indicating an accelerated contraction in construction activity. The downturn remained broad-based and was led by the commercial segment, where activity declined at its fastest pace since May 2020. Housing construction also weakened, recording a sharper contraction, while civil engineering registered its mildest decline since January.
New orders continued to fall steeply, extending a period of declining demand that has now lasted for more than four years, amid subdued client interest and intense competitive pressures. In response to reduced workloads, firms cut both employment and purchasing activity.
Although input cost inflation eased to a three-month low, it remained well above pre–Middle East conflict levels. Business confidence softened further, with firms becoming more pessimistic about the year-ahead outlook in light of heightened competition and a challenging broader economic environment.
