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In March 2012, the economic climate improves slightly in services

Monthly business survey in services – March 2012

According to the business leaders surveyed in March 2012, the economic situation in services improves slightly. The business climate synthetic indicator rises by two points to 93. He remains below its long-term average. The turning point indicator continues to indicate an unfavourable economic situation.

The business leaders consider that their activity accelerated during the last few months, but they remain pessimistic in their expectations.

The general outlook is recovering but remains below its long-term average.

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* Dec. 11 Jan. 12 Feb. 12 Mar. 12
Business climate synthetic indicator 100 91 91 91 93
General outlook –5 –17 –19 –18 –15
Past activity 4 –1 2 1 3
Expected activity 4 –3 –7 –6 –6
Expected demand 1 –6 –13 –14 –12
Business situation 0 –7 –5 –6 –5
Past selling prices –2 –4 –3 –3 –1
Expected selling prices –1 –2 1 –3 0
Past employment 4 11 8 7 –1
except temporary work agencies 1 2 –2 2 –2
Expected employment 3 1 –3 –5 –2
except temporary work agencies 0 –4 –3 –4 –3
Investments
Past investments 2 5 2 4 2
Expected investments 2 0 3 1 2

Informations Rapides

n° 75 - March 23, 2012

Monthly survey of services - March 2012

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

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