France’s manufacturing climate indicator was down to 96 in June 2025, slightly below May’s figure and market forecasts of 97, moving further away from its long-term average. This marked the lowest reading since March, mainly due to a continued decline in overall order books (-24 vs -23 in May) and foreign order books (-17 vs -16), as well as a sharp increase in finished-good inventories (15 vs 9).
At the same time, expectations about the general production (at -13) and workforce size (at -2) remained pessimistic. Personal production prospects also turned slightly negative (-1 vs 0). Across subsectors, business sentiment deteriorated in machinery and equipment goods and in other manufacturing, while improved in food products and beverages and remained stable for transport equipment.
