23 June 2009
2009- n° 165Monthly business survey (goods-producing industries) – June 2009 Monthly business survey (goods-producing industries) - June 2009
According to the business leaders questioned in June, the industrial economic situation appears less deteriorated: the synthetic indicator increases for the third successive month. However, it stays clearly below its long-term average.
Comment
According to the business leaders questioned in June, the industrial economic situation appears less deteriorated: the synthetic indicator increases for the third successive month. However, it stays clearly below its long-term average.
Business leaders consider that the drop of their past activity reduced slightly again in manufacturing industry. Stocks of finished products decrease and are rated inferior to their long-term average. Nevertheless, total and export order books are still considered as very low.
Looking at the personal production outlook, the fall-off in manufacturing industry would go on in the next months, but on a more moderate rhythm. The general production outlook, which represents business leaders’ opinion on French industry as a whole, continues to improve but remains negative.
Business leaders project to lower their selling prices nearly at the same pace as in May.
Table
tableauTableau 1 – Business tendency, balances of opinions, seasonally adjusted
| Feb-09 | Mar-09 | Apr-09 | May-09 | Jun-09 | long-term average (since 1976 | |
|---|---|---|---|---|---|---|
| Industrial economic climate - Synthetic indicator | 69 | 68 | 71 | 73 | 75 | (100) |
| Recent changes in output | -49 | -50 | -54 | -48 | -42 | (4) |
| Finished-goods inventory level | 24 | 24 | 21 | 13 | 11 | (15) |
| Demand and order levels | ||||||
| total | -67 | -70 | -69 | -69 | -70 | (-18) |
| export | -72 | -73 | -67 | -69 | -70 | (-13) |
| Personal production outlook | -46 | -46 | -34 | -28 | -18 | (4) |
| Personal price outlook | -14 | -17 | -10 | -15 | -16 | (14) |
| General outlook (industries other than agricultural and food) | ||||||
| on production | -76 | -70 | -57 | -50 | -40 | (-9) |
| on prices | -34 | -13 | -37 | -30 | -24 | (26) |
- Source : INSEE
Documentation
Methodology (pdf,133 Ko)
Pour en savoir plus
Time series : Industry - Activity and demand
