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The French business climate is improving in November 2014

French business climate and turning point indicators – November 2014

The business climate is improving

According to business managers in the main sectors, the business climate in France is improving in November 2014 by three points and comes back to its June’s level.

The business climate gains one point in manufacturing and services. It rises by four points in building construction and in the wholesale trade, and by six points in the retail trade.

The turning point indicator goes in the favorable area.

The overall turning point indicator is in the favourable area.

Business climate and turning point indicators
Source(s) : INSEE, Business tendency surveys
July 14 Aug. 14 Sept. 14 Oct. 14 Nov. 14
Composite indicators
France 93 92 91 91 94
Manufacturing 97 96 96 98 99
Wholesale trade 97 - 91 - 95
Building construction 90 89 88 86 90
Retail trade 99 91 90 90 96
Services 94 93 92 93 94
Turning point indicators
France –0,6 –1,0 –1,0 –1,0 1,0
Manufacturing –0,2 –0,2 –0,1 –0,1 0,3
Wholesale trade –0,2 - –0,9 - 0,6
Building construction –0,1 –0,8 –1,0 –0,8 –0,1
Services 1,0 1,0 1,0 0,5 0,9

Composite indicator

Composite indicator

Turning point indicator

Turning point indicator

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

Informations Rapides

n° 264 - November 25, 2014

Business climate indicator and turning point indicator - November 2014

Next issue December 19, 2014 08:45 - December 2014

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