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In August 2012, the economic climate remains deteriorated in services

Monthly business survey in services – August 2012

Warning: This publication marks a significant innovation. Now Insee publishes the results of surveys for the month of August.

According to the business leaders surveyed in August 2012, the economic situation in services continues to deteriorate. The business climate synthetic indicator drops by two points compared with July and is 85. He remains below its long-term average. The turning point indicator indicates an unfavourable economic situation. The business leaders consider that activity is very de-graded in the recent period, and revise downward their expectations of activity for the months to come. The general outlook 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* May 12 June 12 July 12 Aug. 12
Business climate synthetic indicator 100 90 87 87 85
General outlook –6 –18 –18 –21 –22
Past activity 4 –4 –4 –13 –11
Expected activity 3 –8 –12 –9 –13
Expected demand 1 –9 –11 –9 –15
Business situation 0 –13 –15 –16 –15
Past selling prices –2 –4 –5 –7 –8
Expected selling prices –1 –6 –6 –5 –7
Past employment 3 –2 –14 –16 –2
except temporary work agencies 1 0 –6 –6 –4
Expected employment 3 –12 –10 –4 –8
except temporary work agencies 0 –7 –7 –8 –6
Investments
Past investments 2 0 3 –6 –8
Expected investments 1 –3 –5 –7 –7

Informations Rapides

n° 211 - August 29, 2012

Monthly survey of services - August 2012

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

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Since July 2009, display of the Informations Rapides has changed.