Go to contents

Go to main menu

Liens transversaux haut

In June 2016, the French business climate returns to its long-term average

French business climate and turning point indicators – June 2016

Warning: From now on, the business climate indicators in retail trade and in services are estimated using a new method (cf. related methodological notes).

The French business climate has fallen back

In June 2016, the business climate indicator has fallen back. The composite indicator, compiled from the answers of business managers in the main sectors, has lost two points and has returned to its long-term average (100). The climate has lost three points in services, two points in manufacturing and one point in retail trade. It is stable in building construction.

French business climate composite indicator

French business climate composite indicator

Compared to its first estimate, the business climate in France is unchanged. Nonetheless, the business climate indicator in retail trade has been lowered by two points while the indicator in services has been raised by one point. Those revisions are due on the one hand to methodological changes and on the other hand to the update of the seasonal adjustment coefficients.

Business climate and turning point indicators
Source: INSEE, Business tendency surveys
Feb. 16 March 16 April 16 May 16 June 16
Composite indicators
France 101 101 101 102 100
Manufacturing 103 102 105 104 102
Wholesale trade - 100 - 101 -
Building construction 92 92 95 95 95
Retail trade 99 100 99 104 103
Services 101 100 99 101 98
Turning point indicators
France 0,8 –0,3 0,0 0,1 –0,7
Manufacturing 0,4 –0,2 0,1 0,0 –0,4
Wholesale trade - –0,3 - 0,2 -
Building construction 0,5 0,5 0,9 0,9 –0,1
Services 0,9 0,4 0,3 0,8 –0,5

Turning point indicator

Turning point indicator

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

Informations Rapides

n° 165 - June 23, 2016

Business climate indicator and turning point indicator - June 2016

Next issue July 21, 2016 08:45 - July 2016

For further information