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Tthe French business climate improves slightly again in January 2011

French business climate and turning point indicators –January 2011

According to the business leaders of the main economic sectors, the French business climate improves slightly again in January 2011. The indicator has risen by 1 point, and reaches now 106, which is above its long term average. This favourable climate is particularly perceptible in industry and, to a lesser extent, in services and wholesale trade sectors. Business leaders’ answers suggest again, though, a bleak climate in building industry.

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

Business climate and turning point indicators
Source(s) : INSEE, Business tendency surveys
Jul. 10 Sep. 10 Oct. 10 Nov. 10 Dec. 10
Business climates
France 102 104 103 105 106
Industry 99 102 100 102 108
Wholesale trade 105 - 103 - 104
Building 94 95 97 99 98
Retail trade 107 109 106 108 108
Services 99 100 101 102 103
Turning point indicators
France 1,0 1,0 1,0 1,0 1,0
Industry 0,4 0,7 –0,6 0,2 0,9
Wholesale trade 0,9 - 0,9 - 0,9
Building –0,7 –0,8 –0,7 –0,5 –0,9
Services 1,0 1,0 1,0 1,0 1,0

Informations Rapides

n° 18 - January 21, 2011

Business climate indicator and turning point indicator - January 2011

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

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