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The French business climate stops improving in May 2011

French business climate and turning point indicators –May 2011

According to the business leaders of the main economic sectors, the French business climate stops improving in May 2011. The indicator decreases by one point (108), but it still remains notably above its long term average (100). The economic upturn of these past months slows down in almost all economic sectors. Business climate is particularly declining this month in industry, services and wholesale trade sectors. In retail trade and building sectors, business leader’s answers suggest a climate stabilization.

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
Jan. 11 Feb. 11 Mar. 11 Apr. 11 May 11
Business climates
France 106 107 108 109 108
Industry 107 106 110 109 107
Wholesale trade 104 - 109 - 106
Building 99 99 100 102 102
Retail trade 108 105 104 105 105
Services 103 105 106 109 108
Turning point indicators
France 1,0 1,0 1,0 1,0 0,9
Industry 0,9 0,5 0,6 0,0 –0,4
Wholesale trade 0,9 - 1,0 - 0,6
Building 0,5 0,5 0,6 0,7 0,5
Services 1,0 1,0 1,0 1,0 1,0

Informations Rapides

n° 127 - May 24, 2011

Business climate indicator and turning point indicator - May 2011

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

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