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The French business climate has improved again in October 2009

French business climate and turning point indicators –October 2009

According to the business leaders of the main economic sectors, the French business climate keeps on improving clearly in October 2009. The indicator rises to 86 after 83 in September. That is 18 points above the minimum record reached in March 2009. It is then coming closer to its long-term average.

At the same time, the turning point indicator remains in the favourable zone since last july, after a year and a half in the unfavourable zone. This steadiness confirms the sign of a coming recovery.

Indeed, in nearly all economic sectors, business leaders’ answers do suggest an improvement in the French economic climate.

Business climate and turning point indicators
Source(s) : INSEE, Business tendency surveys
May 09 Jun. 09 Jul. 09 Sep. 09 Oct. 09
Business climates
France 71 74 76 83 86
Industry 74 77 79 86 89
Wholesale trade 71 - 73 78 -
Building 92 92 91 93 93
Retail trade 84 82 88 95 97
Services 64 68 70 79 84
Turning point indicators
France -0,6 0,1 1,0 1,0 1,0
Industry 0,6 0,9 0,8 0,5 0,7
Wholesale trade 0,0 0,4 0,2 0,0 -
Building -0,6 -0,1 -1,0 1,0 0,9

Informations Rapides

n° 271 - October 22, 2009

Business climate indicator and turning point indicator - October 2009

Next issue June 25, 2013 08:45 - June 2013

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