The French business climate is stable in March 2010Business climate indicator and turning point indicator - March 2010

According to the business leaders of the main economic sectors, the French business climate remains stable in March 2010. The indicator stays around 91, that is 23 points above the minimum record reached in March 2009. It is still way under its long-term average. However, this stabilization hides differences among economic sectors : business leaders’ answers suggest an improvement in industry but a slowdown in services and retail trade.

Informations rapides
No 329
Paru le : 23/03/2010
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 remains stable in March 2010. The indicator stays around 91, that is 23 points above the minimum record reached in March 2009. It is still way under its long-term average. However, this stabilization hides differences among economic sectors : business leaders’ answers suggest an improvement in industry but a slowdown in services and retail trade.

At the same time, the turning point indicator remains in the favourable zone for nine months in a row, after a year and a half in the unfavourable zone. This shows continuous signs of a coming recovery.

Tab_EN – Business climate and turning point indicators

Business climate and turning point indicators
Nov. 09 Déc. 09 Jan. 10 Fév. 10 Mar.10
Business climates
France 88 87 90 91 91
Industry 90 89 92 91 94
Wholesale trade 79 - 87 - 88
Building 93 93 93 93 93
Retail trade 104 100 103 100 98
Services 86 86 88 89 87
Turning point indicators
France 1,0 1,0 1,0 1,0 1,0
Industry –0,4 –0,5 0,4 0,0 0,1
Wholesale trade 0,6 - 0,8 - 0,5
Building 0,9 0,8 0,8 0,9 0,8
  • Source(s) : INSEE, Business tendency surveys

Documentation

Methodology (pdf, 125 Ko)