According to the business leaders questioned in October 2011, the industrial economic situation deteriorated slightly : the synthetic indicator decreases by two points, after it decreased by six points in September. It is below its long-term average.
The turning point indicator remains in the unfavorable area .
Business leaders consider that their past activity weakened in manufacturing industry, the balance of opinion is below its long-term average. Stocks of finished products stay near to their normal level. Total order books remain on its long-term level. Export order books decrease anew and are rated inferior to their long-term average
The personal perspectives of production stay near to their long-term average. The general production outlook, which represents business leaders’ opinion on French industry as a whole, remains on a very low level.
|Balance of opinion, s.a, in %|
|* : The average of the balances opinion since 1976.|
|Source : Monthly business survey - INSEE|
|Manufacturing industry||Average*||Jun. 11||Jul. 11||Sept. 11||Oct. 11|
|Recent changes in output||5||28||15||4||0|
|Finished-goods inventory level||13||–0||1||12||13|
|Demand and total order levels||–17||–3||–10||–18||–18|
|Demand and export order levels||–12||2||–5||–15||–19|
|Personal production expectations||5||16||6||6||4|
|General production expectations||–8||13||3||–30||–29|
Industrial economic climate - Synthetic Index
Business leaders' opinion (manufacturing industry)
n° 225 - October 21, 2011
Monthly business survey (goods-producing industries) - October 2011
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