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In Juny 2012, the business climate deteriorates slightly in manufacturing industry

Manufacturing industry

According to the business leaders questioned in Juny 2012, the industrial economic situation deteriorated slightly: the synthetic indicator decreases by one point. It remains markedly below its long-term average.

The turning point indicator remains in the unfavorable area.

Business leaders consider that the rhythm of activity has continued to decrease in manufacturing industry. Stocks of finished products decrease and are slightly below their long-term average. Total and export order books are nearly steady and are rated as very low: the balance of opinion remains very below their historical average.

Looking at the personal production outlook, which is steady, activity in manufacturing industry would be unfavorable in the next months. The general production outlook, which represents business leaders’ opinion on French industry as a whole, weakens slightly and remains very below its long-term average.

Industrial economic climate - Synthetic Index

Industrial economic climate - Synthetic Index

Turning-point indicator

Turning-point indicator

Business leaders' opinion (manufacturing industry)

Business leaders' opinion (manufacturing industry)
Leaders' opinion: manufacturing industrial activity
Balance of opinion, s.a, in %
* : The average of the balances opinion since 1976.
Source : Monthly business survey - INSEE
Manufacturing industry Average* Mar. 12 Apr. 12 May 12 Jun. 12
Synthetic index 100 98 95 93 92
Recent changes in output 5 –8 –2 –4 –7
Finished-goods inventory level 13 11 10 12 10
Demand and total order levels –17 –20 –22 –29 –31
Demand and export order levels –12 –10 –25 –28 –29
Personal production expectations 5 8 –5 –4 –4
General production expectations –8 –15 –14 –28 –30

Informations

n° 150 - June 19, 2012

Monthly business survey (goods-producing industries) - June 2012

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

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