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In August 2016, the French business climate is almost stable

French business climate and turning point indicators – August 2016

The French business climate is slightly above its average

In August 2016, the business climate indicator is virtually stable. The composite indicator, compiled from the answers of business managers in the main sectors, has lost one point and stands at to its level of April (101), slightly above its long-term average (100). The climate has lost two points in manufacturing, one point in retail trade. It is stable in services and building construction.

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). Between -0.3 and 0.3: uncertainty area.

Business climate and turning point indicators
Source: INSEE, Business tendency surveys
April 16 May 16 June 16 July 16 Aug. 16
Composite indicators
France 101 102 100 102 101
Manufacturing 105 104 102 103 101
Wholesale trade - 102 - 104 -
Building construction 95 95 95 95 95
Retail trade 100 104 102 104 103
Services 99 101 98 101 101
Turning point indicators
France 0.0 0.1 –0.7 0.1 –0.1
Manufacturing 0.1 0.0 –0.4 0.0 –0.6
Wholesale trade - 0.5 - 0.8 -
Building construction 0.9 0.9 –0.1 0.7 –0.2
Services 0.3 0.8 –0.5 0.2 0.1

The turning point indicator for the French economy as a whole is in the area showing an uncertain short-term economic outlook.

Informations Rapides

n° 218 - August 25, 2016

Business climate indicator and turning point indicator - August 2016

Next issue September 22, 2016 08:45 - September 2016

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