17 December 2015
2015- n° 310In December 2015, the French business climate falters slightly Business climate indicator and turning point indicator - December 2015
In December 2015, the business climate indicator has faltered slightly. The composite indicator, compiled from the answers of business managers in the main sectors has lost one point. It stands at 101, a little above its long-term average (100) which had been hit during summer. The business climate indicator has gone up by one point in manufacturing and in building construction. It has lost two points in services and four points in retail trade.
The business climate falters
In December 2015, the business climate indicator has faltered slightly. The composite indicator, compiled from the answers of business managers in the main sectors has lost one point. It stands at 101, a little above its long-term average (100) which had been hit during summer. The business climate indicator has gone up by one point in manufacturing and in building construction. It has lost two points in services and four points in retail trade.
The turning point indicator remains in the favourable area
The global turning point indicator remains in the area indicating a favourable short-term economic outlook.
graphiqueGraph_climaff – French business climate composite indicator
graphiqueGraph_indicret – Turning point indicator
- Close to +1 (resp. -1) : favourable business climate (unfavourable)
- Between –0.3 and +0.3: short-term economic uncertainty.
- Source: INSEE, Business tendency surveys
tableauTableau – Business climate and turning point indicators
| Aug. 15 | Sept. 15 | Oct. 15 | Nov. 15 | Dec. 15 | |
|---|---|---|---|---|---|
| Composite indicators | |||||
| France | 100 | 100 | 102 | 102 | 101 |
| Manufacturing | 103 | 104 | 103 | 102 | 103 |
| Wholesale trade | - | 100 | - | 101 | - |
| Building construction | 91 | 91 | 90 | 91 | 92 |
| Retail trade | 107 | 109 | 110 | 109 | 105 |
| Services | 98 | 97 | 101 | 101 | 99 |
| Turning point indicators | |||||
| France | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Manufacturing | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 |
| Wholesale trade | - | 0.0 | - | 0.0 | - |
| Building construction | 0.1 | 0.0 | 0.0 | -0.1 | 0.0 |
| Services | 0.1 | 0.0 | 0.1 | 0.1 | 0.0 |
- Source: INSEE, Business tendency surveys
Documentation
Methodology (pdf,125 Ko)
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