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In february 2013, the business climate is deteriorating in services

Monthly business survey in services – February 2013

According to the business leaders surveyed in february 2013, the business climate in services was deteriorating. The synthetic indicator dropped by four points and is 86, well below its long-term average. Business leaders consider that activity remained deteriorated over the recent period. Their expectations of activity for the coming months are pessimistic. The general outlook remained well below its long-term average. The turning point indicator tends to indicate a 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* Nov. 12 Dec. 12 Jan. 13 Feb. 13
Business climate synthetic indicator 100 86 87 90 86
General outlook –6 –22 –21 –22 –24
Past activity 3 –9 –8 –13 –14
Expected activity 3 –12 –12 –6 –9
Expected demand 0 –13 –12 –11 –13
Business situation –1 –15 –15 –15 –15
Past selling prices –3 –10 –9 –12 –14
Expected selling prices –1 –9 –9 –11 –10
Past employment 3 –8 –7 –6 –13
except temporary work agencies 1 –6 –5 0 –4
Expected employment 2 –7 –9 –9 –11
except temporary work agencies 0 –8 –9 –7 –10
Investments
Past investments 2 –6 1 1 –4
Expected investments 1 0 1 –5 –6

Informations Rapides

n° 41 - February 20, 2013

Monthly survey of services - Fιbruary 2013

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

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