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The French business climate remains stable in May 2010

French business climate and turning point indicators –May 2010

According to the business leaders of the main economic sectors, the French business climate remains stable in May 2010. The indicator remains around 96 as in April, that is 28 points above the minimum record reached in March 2009. However, this stabilization hides differences among economic sectors : business leaders’ answers suggest an improvement in industry, building and wholesale trade but a slowdown in retail trade.

At the same time, the turning point indicator remains in the favourable zone for one year, after a year and a half in the unfavourable zone. This shows continuous signs of a coming recovery.

Business climate and turning point indicators
Source(s) : INSEE, Business tendency surveys
Jan. 10 Feb. 10 Mar. 10 Apr. 10 May.10
Business climates
France 91 91 92 96 96
Industry 91 90 93 96 97
Wholesale trade 85 - 87 - 92
Building 91 92 91 92 93
Retail trade 101 99 98 105 103
Services 92 93 92 98 98
Turning point indicators
France 1,0 1,0 1,0 1,0 1,0
Industry 0,4 –0,4 0,3 0,3 0,1
Wholesale trade 1,0 - 0,8 - 1,0
Building 0,5 0,6 0,5 0,4 0,4

Informations Rapides

n° 134 - May 26, 2010

Business climate indicator and turning point indicator - May 2010

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

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