22 October 2009
2009- n° 271The French business climate has improved again in October 2009 Business climate indicator and turning point indicator - October 2009
According to the business leaders of the main economic sectors, the French business climate keeps on improving clearly in October 2009. The indicator rises to 86 after 83 in September. That is 18 points above the minimum record reached in March 2009. It is then coming closer to its long-term average.
According to the business leaders of the main economic sectors, the French business climate keeps on improving clearly in October 2009. The indicator rises to 86 after 83 in September. That is 18 points above the minimum record reached in March 2009. It is then coming closer to its long-term average.
At the same time, the turning point indicator remains in the favourable zone since last july, after a year and a half in the unfavourable zone. This steadiness confirms the sign of a coming recovery.
Indeed, in nearly all economic sectors, business leaders’ answers do suggest an improvement in the French economic climate.
tableauTableau 1 – Business climate and turning point indicators
| May 09 | Jun. 09 | Jul. 09 | Sep. 09 | Oct. 09 | |
|---|---|---|---|---|---|
| Business climates | |||||
| France | 71 | 74 | 76 | 83 | 86 |
| Industry | 74 | 77 | 79 | 86 | 89 |
| Wholesale trade | 71 | - | 73 | 78 | - |
| Building | 92 | 92 | 91 | 93 | 93 |
| Retail trade | 84 | 82 | 88 | 95 | 97 |
| Services | 64 | 68 | 70 | 79 | 84 |
| Turning point indicators | |||||
| France | -0,6 | 0,1 | 1,0 | 1,0 | 1,0 |
| Industry | 0,6 | 0,9 | 0,8 | 0,5 | 0,7 |
| Wholesale trade | 0,0 | 0,4 | 0,2 | 0,0 | - |
| Building | -0,6 | -0,1 | -1,0 | 1,0 | 0,9 |
- Source(s) : INSEE, Business tendency surveys
Documentation
Methodology (pdf,125 Ko)
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