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.
Industrial economic climate - Synthetic Index

Turning-point indicator

Business leaders' opinion (manufacturing industry)

| 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 |
|---|---|---|---|---|---|
| Synthetic index | 100 | 110 | 105 | 99 | 97 |
| 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 |
n° 225 - October 21, 2011
Monthly business survey (goods-producing industries) - October 2011
Next issue June 25, 2013 08:45 - June 2013
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