According to the business leaders of the main economic sectors, the French business climate still improves in March 2011. The indicator reaches 109, staying above its long term average for the eighth month in a row. The business climate is particularly improving this month in the services sector. It remains favourable in industry, while it recovers a bit in retail trade. In building industry, a slight improvement is perceptible through business leaders’ answers.
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.
| Source(s) : INSEE, Business tendency surveys | |||||
| Dec. 10 | Jan. 11 | Feb. 11 | Mar. 11 | Apr. 11 | |
|---|---|---|---|---|---|
| Business climates | |||||
| France | 105 | 106 | 107 | 108 | 109 |
| Industry | 102 | 108 | 106 | 110 | 110 |
| Wholesale trade | - | 104 | - | 109 | - |
| Building | 99 | 99 | 100 | 100 | 102 |
| Retail trade | 108 | 108 | 105 | 104 | 106 |
| Services | 102 | 103 | 105 | 106 | 109 |
| Turning point indicators | |||||
| France | 1,0 | 1,0 | 1,0 | 1,0 | 1,0 |
| Industry | 0,2 | 0,9 | 0,5 | 0,6 | 0,3 |
| Wholesale trade | - | 0,9 | - | 1,0 | - |
| Building | –0,4 | –0,8 | –0,4 | 0,1 | 0,2 |
| Services | 1,0 | 1,0 | 1,0 | 1,0 | 1,0 |
n° 101 - April 22, 2011
Business climate indicator and turning point indicator - April 2011
Next issue June 25, 2013 08:45 - June 2013
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