According to the business leaders of the main economic sectors, the French business climate is deteriorating in September 2011. The indicator contracted by eight points in two months, reaches now 97 and is under its long term average (100). This decline is perceptible through almost all economic sectors. Business climate indicators fell by over six to ten points in industry, services, retail trade and wholesale sectors. In building sector though, the business climate indicator remains stable and above the long term average.
At the same time, the turning point indicator fall to -1 which indicates a unfavourable tendancy relatively to the long term tendancy.
|Source(s) : INSEE, Business tendency surveys|
|Apr. 11||May 11||June 11||July 11||Sept.11|
|Turning point indicators|
n° 226 - September 23, 2011
Business climate indicator and turning point indicator - September 2011
Next issue June 25, 2013 08:45 - June 2013
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