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In November 2012, the business climate remains deteriorated in services

Monthly business survey in services – November 2012

According to the business leaders surveyed in November 2012, the business climate in services remains stable. The synthetic indicator remains stable at 87 points, well below its long-term average. A little less business leaders than in October consider that their activity has slown down during the last few months. However, they revise downwards their expectations of activity for the months to come. The general outlook remains below its long-term average. The turning point indicator tends to indicate a more favorable economic situation’s dynamic, however it has to be confirmed in the next months.

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* Aug. 12 Sept. 12 Oct. 12 Nov. 12
Business climate synthetic indicator 100 85 87 86 86
General outlook –6 –22 –24 –24 –22
Past activity 3 –11 –16 –12 –10
Expected activity 3 –13 –6 –6 –12
Expected demand 1 –15 –13 –12 –13
Business situation –1 –16 –20 –16 –15
Past selling prices –3 –8 –10 –9 –10
Expected selling prices –1 –8 –7 –11 –9
Past employment 3 –2 –7 –13 –7
except temporary work agencies 1 –4 –7 –9 –4
Expected employment 3 –8 –5 –6 –8
except temporary work agencies 0 –6 –6 –6 –8
Investments
Past investments 2 –8 –8 –5 –6
Expected investments 1 –9 –4 –4 –1

Informations Rapides

n° 287 - November 23, 2012

Monthly survey of services - November 2012

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

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