Informations Rapides ·
23 February 2022 · n° 43
In February 2022, the business climate in manufacturing industry has slightly weakened
while remaining positive Monthly business survey (goods-producing industries) - February 2022
According to the business managers surveyed in February 2022, the business climate in manufacturing industry has barely diminished compared to the previous month. At 112, the composite indicator has lost one point but remains well above its average (100). This downturn is owing to the decrease in the balances of opinion on past production and on the foreign order books, while conversely production prospects have been deemed more favourable. In addition, the balance on the expected trend in selling prices has strongly bounced back.
- Past production is assessed less positively than in January, but the outlook for the next three months is more favourable
- The balance on the trend in selling prices has risen again
- In the manufacture of transport equipment, the improvement in business climate persists
- Revisions
- For further information
According to the business managers surveyed in February 2022, the business climate in manufacturing industry has barely diminished compared to the previous month. At 112, the composite indicator has lost one point but remains well above its average (100). This downturn is owing to the decrease in the balances of opinion on past production and on the foreign order books, while conversely production prospects have been deemed more favourable. In addition, the balance on the expected trend in selling prices has strongly bounced back.
tableauBusiness climate in manufacturing - Composite indicator
| Business climate in manufacturing - Composite indicator | |
|---|---|
| 2022-02 | 111.8 |
| 2022-01 | 112.8 |
| 2021-12 | 109.7 |
| 2021-11 | 109.5 |
| 2021-10 | 107.0 |
| 2021-09 | 106.5 |
| 2021-08 | 109.5 |
| 2021-07 | 109.2 |
| 2021-06 | 107.8 |
| 2021-05 | 107.0 |
| 2021-04 | 103.5 |
| 2021-03 | 98.5 |
| 2021-02 | 98.2 |
| 2021-01 | 96.4 |
| 2020-12 | 95.3 |
| 2020-11 | 91.9 |
| 2020-10 | 94.1 |
| 2020-09 | 94.2 |
| 2020-08 | 91.5 |
| 2020-07 | 81.7 |
| 2020-06 | 77.5 |
| 2020-05 | 70.4 |
| 2020-04 | 66.9 |
| 2020-03 | 97.4 |
| 2020-02 | 101.0 |
| 2020-01 | 102.7 |
| 2019-12 | 99.4 |
| 2019-11 | 101.9 |
| 2019-10 | 99.5 |
| 2019-09 | 101.6 |
| 2019-08 | 102.1 |
| 2019-07 | 101.3 |
| 2019-06 | 101.8 |
| 2019-05 | 103.8 |
| 2019-04 | 101.3 |
| 2019-03 | 103.4 |
| 2019-02 | 103.5 |
| 2019-01 | 103.5 |
| 2018-12 | 103.6 |
| 2018-11 | 105.1 |
| 2018-10 | 104.2 |
| 2018-09 | 107.1 |
| 2018-08 | 108.7 |
| 2018-07 | 108.3 |
| 2018-06 | 109.6 |
| 2018-05 | 109.8 |
| 2018-04 | 110.4 |
| 2018-03 | 110.5 |
| 2018-02 | 112.5 |
| 2018-01 | 113.7 |
| 2017-12 | 111.8 |
| 2017-11 | 111.5 |
| 2017-10 | 111.0 |
| 2017-09 | 110.9 |
| 2017-08 | 110.0 |
| 2017-07 | 108.0 |
| 2017-06 | 108.9 |
| 2017-05 | 108.7 |
| 2017-04 | 108.5 |
| 2017-03 | 105.6 |
| 2017-02 | 106.7 |
| 2017-01 | 106.0 |
| 2016-12 | 105.7 |
| 2016-11 | 102.1 |
| 2016-10 | 102.2 |
| 2016-09 | 103.4 |
| 2016-08 | 101.6 |
| 2016-07 | 101.6 |
| 2016-06 | 101.5 |
| 2016-05 | 104.3 |
| 2016-04 | 104.7 |
| 2016-03 | 102.6 |
| 2016-02 | 103.0 |
| 2016-01 | 102.8 |
| 2015-12 | 102.6 |
| 2015-11 | 102.3 |
| 2015-10 | 103.2 |
| 2015-09 | 104.8 |
| 2015-08 | 103.6 |
| 2015-07 | 101.5 |
| 2015-06 | 100.3 |
| 2015-05 | 101.8 |
| 2015-04 | 101.5 |
| 2015-03 | 99.0 |
| 2015-02 | 98.5 |
| 2015-01 | 98.8 |
| 2014-12 | 98.8 |
| 2014-11 | 98.9 |
| 2014-10 | 97.4 |
| 2014-09 | 96.9 |
| 2014-08 | 96.6 |
| 2014-07 | 96.3 |
| 2014-06 | 96.6 |
| 2014-05 | 98.3 |
| 2014-04 | 100.3 |
| 2014-03 | 100.8 |
| 2014-02 | 98.3 |
| 2014-01 | 99.6 |
| 2013-12 | 99.3 |
| 2013-11 | 98.1 |
| 2013-10 | 97.9 |
| 2013-09 | 95.9 |
| 2013-08 | 98.5 |
| 2013-07 | 94.8 |
| 2013-06 | 92.7 |
| 2013-05 | 92.1 |
| 2013-04 | 87.7 |
| 2013-03 | 90.6 |
| 2013-02 | 90.6 |
| 2013-01 | 89.9 |
| 2012-12 | 90.9 |
| 2012-11 | 91.7 |
| 2012-10 | 87.1 |
| 2012-09 | 92.7 |
| 2012-08 | 92.9 |
| 2012-07 | 91.1 |
| 2012-06 | 93.2 |
| 2012-05 | 94.8 |
| 2012-04 | 95.6 |
| 2012-03 | 96.5 |
| 2012-02 | 94.9 |
| 2012-01 | 95.0 |
| 2011-12 | 94.7 |
| 2011-11 | 97.6 |
| 2011-10 | 97.4 |
| 2011-09 | 99.2 |
| 2011-08 | 101.3 |
| 2011-07 | 104.8 |
| 2011-06 | 109.8 |
| 2011-05 | 107.2 |
| 2011-04 | 110.1 |
| 2011-03 | 110.1 |
| 2011-02 | 106.9 |
| 2011-01 | 108.7 |
| 2010-12 | 104.1 |
| 2010-11 | 101.8 |
| 2010-10 | 104.1 |
| 2010-09 | 102.9 |
| 2010-08 | 100.4 |
| 2010-07 | 97.3 |
| 2010-06 | 95.7 |
| 2010-05 | 96.5 |
| 2010-04 | 95.0 |
| 2010-03 | 91.1 |
| 2010-02 | 88.7 |
| 2010-01 | 90.2 |
| 2009-12 | 87.4 |
| 2009-11 | 87.5 |
| 2009-10 | 85.2 |
| 2009-09 | 84.0 |
| 2009-08 | 80.9 |
| 2009-07 | 76.5 |
| 2009-06 | 75.0 |
| 2009-05 | 72.4 |
| 2009-04 | 70.6 |
| 2009-03 | 66.7 |
| 2009-02 | 68.6 |
| 2009-01 | 72.7 |
| 2008-12 | 73.4 |
| 2008-11 | 79.8 |
| 2008-10 | 87.1 |
| 2008-09 | 91.6 |
| 2008-08 | 98.1 |
| 2008-07 | 98.8 |
| 2008-06 | 103.4 |
| 2008-05 | 104.1 |
| 2008-04 | 107.4 |
| 2008-03 | 109.9 |
| 2008-02 | 110.3 |
| 2008-01 | 110.5 |
| 2007-12 | 112.4 |
| 2007-11 | 112.2 |
| 2007-10 | 109.9 |
| 2007-09 | 110.6 |
| 2007-08 | 110.9 |
| 2007-07 | 111.4 |
| 2007-06 | 111.2 |
| 2007-05 | 110.0 |
| 2007-04 | 111.9 |
| 2007-03 | 111.3 |
| 2007-02 | 111.7 |
| 2007-01 | 108.3 |
| 2006-12 | 109.2 |
| 2006-11 | 109.6 |
| 2006-10 | 107.2 |
| 2006-09 | 108.1 |
| 2006-08 | 108.5 |
| 2006-07 | 108.9 |
| 2006-06 | 108.6 |
| 2006-05 | 108.8 |
| 2006-04 | 107.8 |
| 2006-03 | 106.4 |
| 2006-02 | 106.6 |
| 2006-01 | 103.1 |
| 2005-12 | 104.1 |
| 2005-11 | 101.0 |
| 2005-10 | 101.1 |
| 2005-09 | 98.9 |
| 2005-08 | 99.6 |
| 2005-07 | 100.1 |
| 2005-06 | 99.0 |
| 2005-05 | 97.0 |
| 2005-04 | 96.6 |
| 2005-03 | 99.7 |
| 2005-02 | 103.1 |
| 2005-01 | 103.3 |
graphiqueBusiness climate in manufacturing - Composite indicator
- Source: INSEE
tableauIndustrialists’ opinion on manufacturing activity
| Ave.* | Nov. 21 | Dec. 21 | Jan. 22 | Feb. 22 | |
|---|---|---|---|---|---|
| Manufacturing industry | |||||
| Composite indicator | 100 | 109 | 110 | 113 | 112 |
| Past production | 5 | 9 | 20 | 25 | 14 |
| Finished-goods inventory | 12 | -3 | 0 | 4 | 1 |
| Overall order books | -18 | -3 | -8 | -1 | 1 |
| Foreign order books | -15 | -3 | -13 | 2 | -2 |
| Past workforce size | -9 | 5 | 5 | 10 | 8 |
| Expected workforce size | -11 | 11 | 13 | 14 | 13 |
| Personal production expectations | 5 | 20 | 26 | 22 | 24 |
| General production expectations | -7 | 19 | 21 | 15 | 22 |
| Expected trend in selling prices | 3 | 48 | 50 | 33 | 45 |
| Economic uncertainty felt** | 24 | 23 | 29 | 19 | 22 |
- * Long-term average since 1976 except for the economic uncertainty felt (April 2021).
- ** Balance of opinion not CVS
- Source: INSEE - Monthly business tendency survey in industry
Past production is assessed less positively than in January, but the outlook for the next three months is more favourable
In February 2022, the balance of opinion on past production has distinctly shrunk. Yet it remains above its average. On the contrary, the balance on the expected production over the next three months has slightly grown. It stands well above its average. Likewise, the general production prospects have been deemed more favourable than last month.
The balances of opinion on the order books also stand well above their average. The one on the foreign order books has somewhat decreased, while the one on the overall order books is at its highest since February 2018.
The balance associated to the current level of the finished-goods inventory has slightly withdrawn after two months of rise in a row and remains well below its average.
The balance on the trend in selling prices has risen again
After having clearly folded back in January 2022, the balance on the expected trend in selling prices over the next three months has sharply risen again, getting closer to its record level observed last December.
Furthermore, business leaders have reported feeling a little more economic uncertainty about the future of their business than they had last month.
The balances on the change in workforce, past as well as expected, have a little bit diminished but they remain well above their average.
tableauExpected prices in manufacturing industry
| Expected prices | |
|---|---|
| 2022-02 | 45.1 |
| 2022-01 | 32.8 |
| 2021-12 | 49.8 |
| 2021-11 | 47.5 |
| 2021-10 | 27.1 |
| 2021-09 | 27.8 |
| 2021-08 | 26.5 |
| 2021-07 | 24.8 |
| 2021-06 | 29.9 |
| 2021-05 | 25.6 |
| 2021-04 | 18.3 |
| 2021-03 | 17.0 |
| 2021-02 | 12.7 |
| 2021-01 | 1.8 |
| 2020-12 | 8.3 |
| 2020-11 | 6.0 |
| 2020-10 | 3.6 |
| 2020-09 | -4.0 |
| 2020-08 | -2.2 |
| 2020-07 | -1.0 |
| 2020-06 | -1.8 |
| 2020-05 | -5.9 |
| 2020-04 | -7.2 |
| 2020-03 | 1.4 |
| 2020-02 | 0.7 |
| 2020-01 | 2.5 |
| 2019-12 | 0.7 |
| 2019-11 | -0.8 |
| 2019-10 | 0.4 |
| 2019-09 | 2.8 |
| 2019-08 | 2.2 |
| 2019-07 | -1.2 |
| 2019-06 | 2.2 |
| 2019-05 | 9.6 |
| 2019-04 | 10.3 |
| 2019-03 | 3.8 |
| 2019-02 | 8.5 |
| 2019-01 | 7.7 |
| 2018-12 | 4.3 |
| 2018-11 | 11.3 |
| 2018-10 | 9.3 |
| 2018-09 | 7.6 |
| 2018-08 | 7.5 |
| 2018-07 | 4.9 |
| 2018-06 | 9.1 |
| 2018-05 | 11.9 |
| 2018-04 | 4.9 |
| 2018-03 | 10.6 |
| 2018-02 | 9.9 |
| 2018-01 | 8.6 |
| 2017-12 | 7.5 |
| 2017-11 | 10.8 |
| 2017-10 | 3.0 |
| 2017-09 | 9.5 |
| 2017-08 | 3.4 |
| 2017-07 | 4.7 |
| 2017-06 | 4.9 |
| 2017-05 | 6.4 |
| 2017-04 | 4.5 |
| 2017-03 | 0.9 |
| 2017-02 | 4.0 |
| 2017-01 | 3.2 |
| 2016-12 | 6.6 |
| 2016-11 | 2.7 |
| 2016-10 | 6.5 |
| 2016-09 | -6.6 |
| 2016-08 | -7.9 |
| 2016-07 | -2.3 |
| 2016-06 | -0.5 |
| 2016-05 | -5.0 |
| 2016-04 | -4.8 |
| 2016-03 | -12.8 |
| 2016-02 | -17.4 |
| 2016-01 | -15.2 |
| 2015-12 | -16.4 |
| 2015-11 | -8.7 |
| 2015-10 | -12.8 |
| 2015-09 | -15.9 |
| 2015-08 | -6.3 |
| 2015-07 | -5.5 |
| 2015-06 | -6.7 |
| 2015-05 | -2.3 |
| 2015-04 | -10.2 |
| 2015-03 | -20.0 |
| 2015-02 | -20.8 |
| 2015-01 | -18.6 |
| 2014-12 | -20.1 |
| 2014-11 | -18.8 |
| 2014-10 | -7.5 |
| 2014-09 | -16.4 |
| 2014-08 | -8.6 |
| 2014-07 | -2.8 |
| 2014-06 | -6.0 |
| 2014-05 | -3.1 |
| 2014-04 | -2.4 |
| 2014-03 | -6.9 |
| 2014-02 | -4.3 |
| 2014-01 | 2.5 |
| 2013-12 | -8.3 |
| 2013-11 | -6.8 |
| 2013-10 | -3.3 |
| 2013-09 | -3.2 |
| 2013-08 | 0.6 |
| 2013-07 | 1.1 |
| 2013-06 | -4.2 |
| 2013-05 | -4.3 |
| 2013-04 | -3.9 |
| 2013-03 | -4.2 |
| 2013-02 | 2.4 |
| 2013-01 | 4.5 |
| 2012-12 | 2.9 |
| 2012-11 | 0.9 |
| 2012-10 | 1.2 |
| 2012-09 | 2.3 |
| 2012-08 | 0.1 |
| 2012-07 | -0.8 |
| 2012-06 | 1.0 |
| 2012-05 | 3.6 |
| 2012-04 | 8.4 |
| 2012-03 | 8.3 |
| 2012-02 | 5.4 |
| 2012-01 | 2.5 |
| 2011-12 | 5.8 |
| 2011-11 | 7.2 |
| 2011-10 | 2.5 |
| 2011-09 | 6.8 |
| 2011-08 | 7.6 |
| 2011-07 | 15.2 |
| 2011-06 | 23.8 |
| 2011-05 | 25.0 |
| 2011-04 | 19.0 |
| 2011-03 | 26.8 |
| 2011-02 | 20.5 |
| 2011-01 | 16.7 |
| 2010-12 | 14.2 |
| 2010-11 | 13.5 |
| 2010-10 | 10.1 |
| 2010-09 | 15.0 |
| 2010-08 | 10.4 |
| 2010-07 | 6.5 |
| 2010-06 | 5.9 |
| 2010-05 | 9.5 |
| 2010-04 | 5.7 |
| 2010-03 | -5.6 |
| 2010-02 | -0.9 |
| 2010-01 | -1.0 |
| 2009-12 | -9.1 |
| 2009-11 | -7.6 |
| 2009-10 | -5.0 |
| 2009-09 | -8.4 |
| 2009-08 | -11.7 |
| 2009-07 | -9.0 |
| 2009-06 | -10.4 |
| 2009-05 | -12.4 |
| 2009-04 | -4.5 |
| 2009-03 | -14.7 |
| 2009-02 | -5.8 |
| 2009-01 | -6.2 |
| 2008-12 | -1.8 |
| 2008-11 | 1.7 |
| 2008-10 | 8.5 |
| 2008-09 | 10.4 |
| 2008-08 | 22.1 |
| 2008-07 | 26.1 |
| 2008-06 | 21.3 |
| 2008-05 | 18.8 |
| 2008-04 | 20.5 |
| 2008-03 | 17.1 |
| 2008-02 | 19.9 |
| 2008-01 | 17.0 |
| 2007-12 | 19.9 |
| 2007-11 | 14.9 |
| 2007-10 | 13.1 |
| 2007-09 | 13.8 |
| 2007-08 | 12.9 |
| 2007-07 | 12.1 |
| 2007-06 | 12.2 |
| 2007-05 | 12.7 |
| 2007-04 | 7.8 |
| 2007-03 | 12.1 |
| 2007-02 | 5.3 |
| 2007-01 | 14.6 |
graphiqueExpected prices in manufacturing industry
- Source: INSEE
In the manufacture of transport equipment, the improvement in business climate persists
The business climate in the so-called “other-industries” has slightly improved this month and remains well above its average. It has been driven upwards by the clear rebound in the balance on the overall order books.
In the manufacture of food products and beverages, the business climate, which had strongly decreased the previous month, has been stable, well above its average.
In the manufacture of transport equipment, the upturn in the business climate noticed last month has been confirmed. Indeed, the climate has stabilized at 106, distinctly above its average (100). The balance on the overall order books has further reinforced, whereas the one on the foreign order books has deteriorated, falling back below its average.
Finally, the business climate in the manufacture of machinery and equipment goods has slightly decreased but remains very high compared to its average.
Revisions
The business climate in manufacturing industry in January 2022 has been revised upwards by one point, due to the inclusion of late responses from some companies.
tableauBusiness climates in a sector-based approach
| (C1) | (C3) | (C4) | (C5) | |
|---|---|---|---|---|
| 2022-02 | 110.1 | 114.9 | 105.6 | 111.4 |
| 2022-01 | 110.0 | 116.5 | 106.2 | 110.4 |
| 2021-12 | 116.9 | 116.3 | 91.1 | 112.1 |
| 2021-11 | 115.5 | 115.9 | 96.7 | 113.1 |
| 2021-10 | 111.7 | 115.8 | 91.7 | 110.2 |
| 2021-09 | 109.3 | 115.5 | 89.2 | 112.0 |
| 2021-08 | 111.4 | 120.0 | 93.8 | 112.3 |
| 2021-07 | 114.5 | 115.4 | 93.1 | 113.9 |
| 2021-06 | 118.7 | 115.3 | 90.9 | 110.5 |
| 2021-05 | 115.1 | 112.0 | 91.2 | 109.6 |
| 2021-04 | 104.2 | 113.6 | 89.8 | 107.1 |
| 2021-03 | 100.5 | 106.9 | 85.0 | 104.1 |
| 2021-02 | 94.0 | 106.1 | 91.3 | 101.4 |
| 2021-01 | 89.6 | 104.9 | 88.8 | 100.5 |
| 2020-12 | 89.7 | 96.5 | 88.3 | 101.9 |
| 2020-11 | 92.5 | 91.9 | 90.0 | 94.8 |
| 2020-10 | 93.6 | 94.8 | 91.9 | 94.7 |
| 2020-09 | 102.4 | 91.5 | 92.5 | 92.4 |
| 2020-08 | 96.1 | 91.9 | 91.8 | 87.6 |
| 2020-07 | 89.2 | 85.3 | 80.7 | 81.4 |
| 2020-06 | 92.7 | 79.1 | 77.6 | 79.0 |
| 2020-05 | 90.3 | 76.2 | 75.9 | 74.2 |
| 2020-04 | 91.6 | 77.0 | 73.6 | 73.6 |
| 2020-03 | 106.9 | 98.3 | 96.2 | 97.2 |
| 2020-02 | 107.5 | 99.6 | 100.7 | 100.2 |
| 2020-01 | 107.4 | 100.9 | 106.1 | 99.3 |
| 2019-12 | 107.4 | 97.5 | 99.8 | 98.0 |
| 2019-11 | 103.7 | 97.9 | 105.7 | 100.9 |
| 2019-10 | 105.3 | 96.5 | 100.9 | 98.9 |
| 2019-09 | 107.6 | 99.5 | 101.5 | 101.2 |
| 2019-08 | 108.2 | 99.9 | 101.5 | 101.4 |
| 2019-07 | 104.3 | 102.9 | 99.6 | 100.2 |
| 2019-06 | 108.6 | 98.9 | 101.0 | 100.4 |
| 2019-05 | 111.6 | 104.3 | 102.9 | 101.9 |
| 2019-04 | 106.3 | 101.3 | 101.4 | 100.7 |
| 2019-03 | 106.1 | 100.9 | 103.1 | 101.3 |
| 2019-02 | 108.1 | 104.8 | 101.2 | 101.1 |
| 2019-01 | 107.4 | 103.4 | 103.1 | 101.9 |
| 2018-12 | 107.3 | 102.3 | 102.9 | 102.3 |
| 2018-11 | 109.3 | 102.0 | 104.3 | 102.7 |
| 2018-10 | 102.2 | 106.8 | 104.0 | 102.6 |
| 2018-09 | 106.9 | 107.2 | 105.5 | 104.5 |
| 2018-08 | 107.6 | 108.0 | 106.8 | 105.4 |
| 2018-07 | 107.5 | 108.1 | 106.5 | 106.1 |
| 2018-06 | 110.2 | 107.9 | 110.2 | 105.4 |
| 2018-05 | 107.7 | 111.3 | 108.5 | 107.3 |
| 2018-04 | 108.9 | 110.0 | 112.8 | 107.3 |
| 2018-03 | 108.5 | 110.0 | 111.7 | 109.1 |
| 2018-02 | 109.9 | 110.8 | 112.6 | 109.7 |
| 2018-01 | 111.0 | 112.5 | 112.6 | 110.6 |
| 2017-12 | 110.5 | 111.1 | 110.7 | 110.3 |
| 2017-11 | 112.1 | 109.6 | 109.5 | 110.8 |
| 2017-10 | 110.8 | 109.5 | 108.9 | 110.0 |
| 2017-09 | 107.2 | 107.4 | 109.8 | 108.2 |
| 2017-08 | 108.5 | 106.8 | 108.8 | 108.0 |
| 2017-07 | 108.6 | 108.9 | 108.7 | 106.5 |
| 2017-06 | 111.5 | 108.4 | 105.6 | 108.1 |
| 2017-05 | 105.8 | 109.0 | 105.9 | 106.8 |
| 2017-04 | 103.5 | 107.1 | 106.4 | 107.5 |
| 2017-03 | 103.9 | 104.9 | 105.9 | 104.6 |
| 2017-02 | 105.3 | 104.1 | 106.8 | 106.0 |
| 2017-01 | 103.7 | 102.6 | 107.2 | 105.1 |
| 2016-12 | 108.2 | 103.8 | 105.0 | 104.5 |
| 2016-11 | 107.6 | 100.0 | 102.7 | 101.2 |
| 2016-10 | 106.4 | 97.8 | 106.1 | 100.9 |
| 2016-09 | 108.6 | 98.8 | 105.6 | 100.2 |
| 2016-08 | 99.0 | 98.5 | 104.3 | 101.1 |
| 2016-07 | 104.3 | 98.0 | 105.5 | 101.4 |
| 2016-06 | 102.8 | 97.6 | 106.3 | 101.2 |
| 2016-05 | 103.1 | 98.0 | 106.4 | 103.5 |
| 2016-04 | 105.6 | 100.4 | 109.5 | 101.0 |
| 2016-03 | 101.2 | 99.4 | 106.3 | 100.9 |
| 2016-02 | 100.0 | 100.9 | 109.3 | 99.7 |
| 2016-01 | 101.5 | 100.9 | 108.4 | 99.3 |
| 2015-12 | 99.5 | 98.4 | 108.1 | 101.4 |
| 2015-11 | 102.0 | 99.9 | 108.1 | 99.2 |
| 2015-10 | 104.1 | 98.6 | 108.1 | 99.6 |
| 2015-09 | 105.3 | 96.5 | 109.4 | 102.3 |
| 2015-08 | 103.0 | 97.8 | 108.2 | 101.2 |
| 2015-07 | 108.4 | 98.6 | 105.2 | 102.5 |
| 2015-06 | 104.8 | 97.5 | 105.6 | 100.6 |
| 2015-05 | 101.8 | 97.5 | 105.3 | 101.3 |
| 2015-04 | 104.3 | 97.0 | 107.4 | 100.4 |
| 2015-03 | 100.4 | 94.4 | 105.7 | 99.9 |
| 2015-02 | 99.2 | 95.5 | 101.6 | 100.0 |
| 2015-01 | 103.0 | 93.9 | 102.1 | 99.5 |
| 2014-12 | 98.8 | 92.6 | 100.2 | 100.0 |
| 2014-11 | 95.9 | 92.6 | 100.5 | 99.5 |
| 2014-10 | 95.4 | 93.0 | 97.7 | 98.3 |
| 2014-09 | 94.2 | 92.5 | 101.2 | 97.1 |
| 2014-08 | 95.1 | 93.8 | 98.3 | 100.4 |
| 2014-07 | 96.8 | 89.8 | 99.7 | 98.9 |
| 2014-06 | 95.5 | 92.2 | 98.6 | 98.3 |
| 2014-05 | 97.9 | 94.1 | 98.8 | 99.2 |
| 2014-04 | 95.6 | 92.9 | 103.2 | 99.9 |
| 2014-03 | 99.6 | 93.1 | 101.2 | 102.1 |
| 2014-02 | 98.9 | 94.3 | 98.5 | 98.1 |
| 2014-01 | 99.3 | 91.7 | 102.9 | 98.4 |
| 2013-12 | 98.2 | 92.3 | 100.4 | 98.9 |
| 2013-11 | 98.0 | 93.1 | 102.4 | 98.5 |
| 2013-10 | 95.2 | 90.9 | 104.0 | 97.5 |
| 2013-09 | 94.7 | 90.5 | 98.1 | 97.0 |
| 2013-08 | 95.2 | 92.2 | 101.8 | 96.9 |
| 2013-07 | 92.1 | 90.1 | 99.2 | 94.8 |
| 2013-06 | 92.4 | 89.5 | 95.3 | 93.1 |
| 2013-05 | 91.3 | 90.0 | 95.3 | 91.8 |
| 2013-04 | 91.6 | 90.1 | 93.3 | 89.2 |
| 2013-03 | 93.9 | 89.3 | 94.3 | 91.2 |
| 2013-02 | 97.7 | 89.1 | 94.8 | 90.2 |
| 2013-01 | 97.4 | 88.1 | 92.9 | 91.3 |
| 2012-12 | 98.6 | 88.1 | 92.7 | 91.8 |
| 2012-11 | 98.0 | 87.6 | 93.2 | 92.2 |
| 2012-10 | 90.8 | 86.3 | 96.0 | 89.4 |
| 2012-09 | 96.5 | 91.3 | 97.5 | 93.6 |
| 2012-08 | 93.4 | 90.6 | 95.7 | 93.4 |
| 2012-07 | 94.3 | 91.1 | 95.5 | 92.2 |
| 2012-06 | 94.7 | 91.3 | 96.1 | 93.6 |
| 2012-05 | 93.2 | 95.0 | 95.4 | 95.7 |
| 2012-04 | 98.7 | 96.4 | 94.5 | 97.6 |
| 2012-03 | 102.0 | 96.9 | 103.3 | 96.9 |
| 2012-02 | 100.1 | 96.3 | 94.2 | 95.8 |
| 2012-01 | 99.4 | 96.3 | 95.3 | 94.0 |
| 2011-12 | 98.0 | 96.5 | 100.4 | 94.4 |
| 2011-11 | 101.8 | 96.1 | 102.5 | 94.1 |
| 2011-10 | 104.1 | 98.4 | 100.6 | 96.2 |
| 2011-09 | 101.6 | 99.7 | 99.3 | 97.9 |
| 2011-08 | 103.2 | 100.8 | 102.2 | 100.1 |
| 2011-07 | 111.0 | 102.9 | 104.3 | 104.6 |
| 2011-06 | 108.1 | 104.8 | 109.8 | 108.4 |
| 2011-05 | 109.4 | 103.8 | 105.6 | 107.2 |
| 2011-04 | 108.7 | 105.2 | 106.2 | 109.5 |
| 2011-03 | 106.4 | 107.0 | 106.6 | 109.2 |
| 2011-02 | 107.2 | 102.9 | 100.1 | 108.0 |
| 2011-01 | 108.9 | 104.7 | 105.5 | 104.8 |
graphiqueBusiness climates in a sector-based approach
- Legend: (C1): Manufacture of food products and beverages - (C3): Machinery and equipment goods - (C4): Manufacture of transport equipment - (C5): Other manufacturing
- Source: INSEE
tableauBusiness climates in a sector-based approach
| NA* : (A17) et [A38 et A64] | Weights** (%) | Dec. 21 | Jan. 22 | Feb. 22 |
|---|---|---|---|---|
| (C1) Man. of food products and beverages | 20 | 117 | 110 | 110 |
| (C3) Machinery and equipment goods | 11 | 116 | 117 | 115 |
| [CI] Computer, electronic and optical products | 3 | 114 | 116 | 113 |
| [CJ] Electrical equipment | 3 | 115 | 113 | 107 |
| [CK] Machinery and equipment | 5 | 116 | 117 | 118 |
| (C4) Man. of transport equipment | 18 | 91 | 106 | 106 |
| [CL1] Motor vehicles, trailers and semi-trailers | 9 | 100 | 107 | 108 |
| [CL2] Other transport equipment | 9 | 85 | 105 | 101 |
| (C5) Other manufacturing | 46 | 112 | 110 | 111 |
| [CB] Textiles, clothing industries, leather and footwear industry | 2 | 111 | 108 | 107 |
| [CC] Wood, paper, printing | 5 | 116 | 115 | 115 |
| [CE] Chemicals and chemical products | 8 | 113 | 104 | 114 |
| [CG] Rubber and plastic products | 7 | 112 | 108 | 110 |
| [CH] Basic metals and fabricated metal products | 11 | 104 | 107 | 104 |
| [CM] Other manufacturing industries / Manufacture of other industrial products | 9 | 117 | 118 | 117 |
- * NA: aggregated classification, based on the French classification of activities NAF rév.2.
- ** Weights used to aggregate sub-sector's balances of opinion.
- Source: INSEE - Monthly business tendency survey in industry
For further information
For questions with three possible answers, a balance of opinion is the difference between the weighted percentage of « above normal » or « increase » answers and the weighted percentage of « below normal » or « decrease » answers.
Since the definitive data of April 2020, the way of correcting non-response has been modified. The usual method was to fill in missing answers by carrying on past answers from non-responding companies. Results are now computed on the sole basis of responding companies.
Answers to this survey have been gathered between 27 January 2022 and 18 February 2022.
Additional information (methodology, links, etc.) is available on the “Documentation” tab.
Next issue: 24 March 2022 at 8:45 am.
Pour en savoir plus
For questions with three possible answers, a balance of opinion is the difference between the weighted percentage of « above normal » or « increase » answers and the weighted percentage of « below normal » or « decrease » answers.
Since the definitive data of April 2020, the way of correcting non-response has been modified. The usual method was to fill in missing answers by carrying on past answers from non-responding companies. Results are now computed on the sole basis of responding companies.
Answers to this survey have been gathered between 27 January 2022 and 18 February 2022.
Additional information (methodology, links, etc.) is available on the “Documentation” tab.
Next issue: 24 March 2022 at 8:45 am.