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The French business climate is improving in March 2015

French business climate and turning point indicators – March 2015

The business climate is improving

In March 2015, the business climate indicator is improving.

The indicator, compiled from the answers of business managers in the main sectors, has moved upward, from 94 to 96, after being stable during three months. It still lies below its long-term average (100). The business climate indicator has improved by one point in services and by three points in trade. It is stable in building construction, and has lost one point in manufacturing.

The turning point indicator stays in the favorable area

The overall turning point indicator stays in the favourable area.

Business climate and turning point indicators
Source(s) : INSEE, Business tendency surveys
Nov. 14 Dec. 14 Jan. 15 Feb. 15 March 15
Composite indicators
France 94 94 94 94 96
Manufacturing 99 99 100 100 99
Wholesale trade 96 - 95 - 98
Building construction 90 89 88 89 89
Retail trade 96 95 103 101 104
Services 93 92 92 92 93
Turning point indicators
France 0,8 1,0 0,9 0,8 0,7
Manufacturing 0,2 0,3 0,5 0,4 0,5
Wholesale trade 0,6 - 0,8 - 0,8
Building construction –0,1 0,0 –0,9 –0,4 0,0
Services 0,8 1,0 0,9 0,9 1,0

Composite indicator

Composite indicator

Turning point indicator

Turning point indicator

Close to +1 (resp. -1): favorable business climate (unfavorable)

Informations Rapides

n° 67 - March 25, 2015

Business climate indicator and turning point indicator - March 2015

Next issue April 23, 2015 08:45 - April 2015

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