Slight improvement of the French business climate in January 2010Business climate indicator and turning point indicator - January 2010

According to the business leaders of the main economic sectors, the French business climate gains one point in January 2010. The indicator attains around 88, that is 20 points above the minimum record reached in March 2009. It is still way under its long-term average. Indeed, in all economic sectors but building which remains stable, business leaders’ answers do suggest a slight improvement in the French economic climate.

Informations rapides
No 329
Paru le : 22/01/2010
Prochaine parution le : 26/09/2017 at 08:45 - September 2017

According to the business leaders of the main economic sectors, the French business climate gains one point in January 2010. The indicator attains around 88, that is 20 points above the minimum record reached in March 2009. It is still way under its long-term average. Indeed, in all economic sectors but building which remains stable, business leaders’ answers do suggest a slight improvement in the French economic climate.

At the same time, the turning point indicator remains in the favourable zone for seven months in a row, after a year and a half in the unfavourable zone. This shows continuous signs of a coming recovery, mainly driven this month in services and retail trade.

Tab_EN – Business climate and turning point indicators

Business climate and turning point indicators
Sep. 09 Oct. 09 Nov. 09 Dec. 09 Jan. 10
Business climates
France 83 86 87 87 88
Industry 86 89 90 88 92
Wholesale trade 79 - 79 - 83
Building 93 93 93 93 92
Retail trade 95 97 104 100 103
Services 79 85 86 86 88
Turning point indicators
France 1,0 1,0 1,0 1,0 1,0
Industry 0,5 0,6 –0,4 –0,5 0,6
Wholesale trade 0,8 - 0,6 - 0,4
Building 1,0 0,9 0,9 0,8 0,8
  • Source(s) : INSEE, Business tendency surveys

Documentation

Methodology (pdf, 125 Ko)