FX.co ★ French Construction Sector Continues to Struggle

The HCOB Construction PMI for France increased to 43.8 in March 2025, recovering from a five-month low of 38.9 in the preceding month. While this indicates a slower pace of contraction within the nation's construction sector, the decline remains significant. The housing segment continues to exert the most considerable pressure on overall industry activity. However, the contraction rates in new orders and employment have moderated. Moreover, input costs have stabilized in March, breaking a nine-year trend of rising prices. Looking ahead, business confidence has risen to its highest level in nine months.