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The French business climate still improving in October 2010

French business climate and turning point indicators –October 2010

According to the business leaders of the main economic sectors, the French business climate still improves in October 2010. The indicator reaches 104, and is above its long term average for the second month. This favourable climate is perceptible in nearly all sectors : business leaders’ answers suggest a significant improvement in industry, retail trade and services. However, business leaders’answers stay less optimistic in building industry.

At the same time, the turning point indicator clearly remains in the favourable zone for more than one year. This shows continuous signs of a coming recovery.

Business climate and turning point indicators
Source(s) : INSEE, Business tendency surveys
May. 10 Jun. 10 Jul. 10 Sep. 10 Oct. 10
Business climates
France 98 97 98 101 104
Industry 97 96 97 99 102
Wholesale trade 95 - 101 103 -
Building 93 92 95 94 95
Retail trade 102 102 100 107 109
Services 99 98 98 99 101
Turning point indicators
France 1,0 1,0 0,9 1,0 1,0
Industry 0,1 0,1 0,3 0,5 0,9
Wholesale trade 1,0 - 0,8 0,8 -
Building –0,7 –0,5 0,5 –0,7 –0,5

Informations Rapides

n° 256 - October 21, 2010

Business climate indicator and turning point indicator - October 2010

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

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