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In November 2011, the economic climate in services is deteriorating

Monthly business survey in services – November 2011

According to the business leaders surveyed in November, the economic situation in services is deteriorating. The business climate synthetic indicator drops by two points compared with October, and is 92. He stands below its long-term average. The turning point indicator continues to indicate an unfavourable economic situation.

Business leaders are slightly less pessimistic about their activity of the last few months, but they consider that activity should decrease in the months to come.

The general outlook continues to deteriorate and is now -14.

Business climate synthetic indicator

Business climate synthetic indicator

Turning point indicator

Turning point indicator

Note: close to 1 (respectively -1), this indicator indicates a favourable short-term economic situation (respectively unfavourable).

Activity

Activity
Economic outlook in the services sector
Balances of opinion, in %, seasonally adjusted
* Average of the balances of opinion since 1988
Source: Insee
Average* July 11 Sept. 11 Oct. 11 Nov. 11
Business climate synthetic indicator 100 103 95 94 92
General outlook –5 2 –10 –12 –14
Past activity 4 10 1 –4 –2
Expected activity 4 2 –2 2 –2
Expected demand 2 1 –6 –3 –6
Business situation 1 7 –2 –5 –6
Past selling prices –2 1 –3 –3 –4
Expected selling prices –1 –2 –2 –4 –3
Past employment 4 8 5 3 7
except temporary work agencies 1 6 0 1 0
Expected employment 3 11 11 6 1
except temporary work agencies 0 5 1 –3 –3
Investments
Past investments 2 6 1 3 6
Expected investments 2 5 7 0 –2

Informations Rapides

n° 285 - November 23, 2011

Monthly survey of services - November 2011

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

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