In May 2010, economic climates’ improvement continues in manufacturing industryMonthly business survey (goods-producing industries) - May 2010

According to the business leaders questioned in May, the industrial economic situation in France continues to improve: the business climate indicator increases by one point, coming close to its long-term average. However, the turning point indicator stays to the neutral area, indicating an economic uncertainty.

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No 133
Paru le : 26/05/2010
Prochaine parution le : 21/12/2017 at 08:45 - December 2017

Warning : Business surveys are now published according to the French economic activities and products classification, NAF rev. 2..

Manufacturing industry

According to the business leaders questioned in May, the industrial economic situation in France continues to improve: the business climate indicator increases by one point, coming close to its long-term average. However, the turning point indicator stays to the neutral area, indicating an economic uncertainty.

Business leaders consider that their past activity has remained dynamic in manufacturing industry, still above its long-term average.

Stocks of finished goods increase noticeably but stay light. Order books continue to increase but remain low.

The personal production outlook for the next month is still near its long-term average. The general production outlook, which represents business leaders’ opinion on French industry as a whole, degrades, but stays above its long-term average.

tableau – Leaders' opinion: manufacturing industrial activity

Balance of opinion, s.a, in %
Leaders' opinion: manufacturing industrial activity
Manufacturing industry Average* Feb. 10 Mars 10 Apr. 10 May 10
Synthetic index 100 90 93 96 97
Recent changes in output 5 1 5 21 22
Finished-goods inventory level 13 –2 –7 –4 5
Demand and total order levels –17 –48 –43 –38 –33
Demand and export order levels –12 –49 –41 –46 –43
Personal production expectations 5 –1 5 6 4
General production expectations –8 1 –3 8 –3
  • * : The average of the balances opinion since 1976.
  • Source : Monthly business survey - INSEE

Graphang1 – Industrial economic climate - Synthetic Index

Graphang2 – Turning-point indicator

Graphang3 – Business leaders' opinion (manufacturing industry)