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Slight deterioration of the French business climate in October 2011

French business climate and turning point indicators –October 2011

According to the business leaders of the main economic sectors, the French business climate is slightly deteriorating in october 2011. The indicator contracted by one points in one month, after a sharp deterioration of 9 points between july and september. It reaches now 95 and is under its long term average (100). The situation is almost the same in all economic sectors. Business climate indicators fell by two points in industry and building sector, by one point in services but gain one point in retail trade.

At the same time, the turning point indicator is still to -1 which indicates an unfavourable tendancy relatively to the long term tendancy.

Business climate and turning point indicators
Source(s) : INSEE, Business tendency surveys
May 11 June 11 July 11 Sept.11 Oct.11
Business climates
France 108 108 105 96 95
Industry 106 110 105 99 97
Wholesale trade 107 - 105 99 -
Building 101 102 102 101 99
Retail trade 106 105 102 93 94
Services 107 107 103 95 94
Turning point indicators
France 0,9 0,8 0,7 –1,0 –1,0
Industry –0,2 0,8 –0,5 –1,0 –0,6
Wholesale trade 0,3 - –0,4 –1,0 -
Building 0,8 0,8 0,8 0,6 –0,3
Services 1,0 0,6 –1,0 –1,0 –1,0

Informations Rapides

n° 255 - October 21, 2011

Business climate indicator and turning point indicator - October 2011

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

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