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In april 2013, the business climate remains deteriorated in services

Monthly business survey in services – April 2013

According to the business leaders surveyed in April 2013, the economic situation in services remained deteriorated. The business climate synthetic indicator dropped by one point and is 83, well below its long-term average (100). Business leaders consider that activity remained degraded over the recent period. They revised downwards their expectations of activity for the coming months. The general outlook remained well below its long-term average. The turning point indicator indicates an unfavorable economic situation’s dynamic.

Business leaders consider that their operating balance result was more damaged over the last few months and more of them anticipated a decline in the coming months.

Employment remains degraded

In services except temporary employment agencies, business leaders remained pessimistic in their expectations for recruitment.

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).

Economic outlook in the services sector
Balances of opinion, in %, seasonally adjusted
* Average of the balances of opinion since 1988
Source: Insee
Average* Jan. 13 Feb. 13 March 13 April 13
Business climate synthetic indicator 100 90 88 84 83
General outlook –7 –22 –23 –26 –30
Past activity 3 –13 –14 –13 –13
Expected activity 3 –6 –7 –13 –16
Expected demand 0 –11 –11 –16 –16
Business situation –1 –15 –16 –13 –17
Past selling prices –3 –12 –14 –14 –14
Expected selling prices –1 –11 –13 –13 –12
Past employment 3 –6 –12 –11 –14
except temporary work agencies 1 0 –6 –10 –13
Expected employment 2 –9 –11 –13 –18
except temporary work agencies 0 –7 –10 –10 –14
Investments
Past investments 2 1 –6 –4 –8
Expected investments 1 –5 –4 –5 –4
Operating balance result
Past result –1 –9 –14
Expected result –1 –9 –15
Cash position –11 –17 –14
Difficulties of supply and demand
difficulties of supply and demand 10 12 12
difficulties of supply only 22 18 19
difficulties of demand only 30 36 40
Difficulties in recruitment 30 22 21

Informations Rapides

n° 95 - April 23, 2013

Monthly survey of services - April 2013

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

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