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In September 2016, the business climate indicator has improved slightly. The composite indicator, compiled from the answers of business managers in the main sectors, has gained one point and has returned to its level of July. At 102, it stands slightly above its long-term average (100). The climate has gained two points in manufacturing and one point in services. However, it has lost five points in wholesale trade and one point in retail trade. It is stable in building construction.
Turning point indicator
Close to +1 (resp. -1) : favourable business climate (unfavourable). Between -0.3 and +0.3: uncertainty area
The turning point indicator for the French economy as a whole remains in the area showing an uncertain short-term economic outlook.
French business climate composite indicator
|Source: INSEE, Business tendency surveys|
|May 16||June 16||July 16||Aug. 16||Sept. 16|
|Turning point indicators|
n° 250 - September 22, 2016
Business climate indicator and turning point indicator - September 2016
Next issue October 25, 2016 08:45 - October 2016
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