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The French business climate is at its highest level since summer 2011

French business climate and turning point indicators – August 2015

The business climate has improved slightly

In August 2015, the business climate indicator has improved slightly again.

The composite indicator, compiled from the answers of business managers in the main sectors, has increased by one point. At its highest level since the summer of 2011, it comes back to its long-term average (100). The business climate indicator has risen by two points in services and by one point in manufacturing and building construction. It has lost one point in retail trade.

The turning point indicator is in the favourable area

The global turning point indicator is in the area indicating a favourable short-term economic outlook.

French business climate composite indicator

French business climate composite indicator

Turning point indicator

Turning point indicator

Close to +1 (resp. –1) : favourable business climate (unfavourable)

Business climate and turning point indicators
Source(s) : INSEE, Business tendency surveys
April 15 May 15 June 15 July 15 Aug. 15
Composite indicators
France 96 98 98 99 100
Manufacturing 102 103 100 102 103
Wholesale trade - 102 - 103 -
Building construction 89 90 91 90 91
Retail trade 104 106 106 106 105
Services 92 95 95 97 99
Turning point indicators
France 0,2 0,3 0,2 0,8 1,0
Manufacturing 0,6 0,4 0,3 0,6 0,7
Wholesale trade - 0,9 - 1,0 -
Building construction –0,1 0,1 0,8 0,5 0,3
Services –0,6 0,6 0,4 0,8 1,0

Revisions

Since its first estimate, the business climate in France has been unchanged in July 2015.

Informations Rapides

n° 204 - August 27, 2015

Business climate indicator and turning point indicator - August 2015

Next issue September 24, 2015 08:45 - September 2015

For further information

New

Since July 2009, display of the Informations Rapides has changed.