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The French business climate still improves in March 2011

French business climate and turning point indicators –March 2011

According to the business leaders of the main economic sectors, the French business climate still improves in March 2011. The indicator reaches 108, staying above its long term average for the seventh month in a row. The business climate is particularly favourable in the industry, services and wholesale trade sector. In building industry, business leaders’ answers still suggest a bleak climate. In retail trade, the situation worsens a bit.

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
Nov. 10 Dec. 10 Jan. 10 Feb. 10 Mar. 10
Business climates
France 103 105 106 107 108
Industry 100 102 108 106 109
Wholesale trade 103 - 104 - 109
Building 97 99 99 100 100
Retail trade 106 108 108 105 103
Services 101 102 103 105 106
Turning point indicators
France 1,0 1,0 1,0 1,0 1,0
Industry –0,5 0,2 0,9 0,6 0,8
Wholesale trade 0,9 - 0,9 - 1,0
Building –0,6 –0,4 –0,8 –0,5 0,1
Services 1,0 1,0 1,0 1,0 1,0

Informations Rapides

n° 71 - March 24, 2011

Business climate indicator and turning point indicator - March 2011

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

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