According to the business leaders surveyed in December 2012, the business climate in services remains deteriorated. The synthetic indicator remains stable at 86 points, well below its long-term average. Business leaders consider that activity has remained deteriorated over the recent period. Their expectations of activity for the coming months are almost unchanged from November. The general outlook remains below its long-term average. The turning point indicator tends to indicate a more favorable economic situations dynamic, however it has to be confirmed in the next months.
Business climate synthetic indicator

Turning point indicator

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

| Balances of opinion, in %, seasonally adjusted | |||||
| * Average of the balances of opinion since 1988 | |||||
| Source: Insee | |||||
| Average* | Sept. 12 | Oct. 12 | Nov. 12 | Dec. 12 | |
|---|---|---|---|---|---|
| Business climate synthetic indicator | 100 | 87 | 87 | 86 | 86 |
| General outlook | 6 | 24 | 24 | 22 | 21 |
| Past activity | 3 | 16 | 12 | 9 | 8 |
| Expected activity | 3 | 6 | 6 | 12 | 13 |
| Expected demand | 1 | 13 | 12 | 13 | 12 |
| Business situation | 1 | 20 | 16 | 15 | 15 |
| Past selling prices | 3 | 10 | 9 | 10 | 9 |
| Expected selling prices | 1 | 7 | 11 | 9 | 10 |
| Past employment | 3 | 7 | 13 | 8 | 6 |
| except temporary work agencies | 1 | 7 | 9 | 6 | 6 |
| Expected employment | 3 | 5 | 6 | 7 | 8 |
| except temporary work agencies | 0 | 6 | 6 | 8 | 9 |
| Investments | |||||
| Past investments | 2 | 8 | 5 | 6 | 0 |
| Expected investments | 1 | 4 | 4 | 1 | 1 |
n° 313 - December 21, 2012
Monthly survey of services - December 2012
Next issue June 25, 2013 08:45 - June 2013
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