Informations rapides
18 February 2011
2011- n° 45
In February 2011, the business climate in services continues to improve Monthly survey of services - February 2011

According to the business leaders surveyed in February, the economic situation in services continues to improve progressively. The business climate synthetic indicator has risen by one point per month since September 2010 and is 104 in February. The turning point indicator remains in the favourable area.

Informations rapides
No 45
Paru le :Paru le18/02/2011
Prochaine parution le : 25/04/2024 at 08:45 - April 2024

According to the business leaders surveyed in February, the economic situation in services continues to improve progressively. The business climate synthetic indicator has risen by one point per month since September 2010 and is 104 in February. The turning point indicator remains in the favourable area.

Activity accelerated in the last few months. The business leaders surveyed revise slightly upwards their activity expectations for the months to come. They consider that demand should remain rather favourable in the following months.

The general outlook remains almost unchanged.

Graph1Business climate synthetic indicator

graph_retournTurning point indicator

  • Note: close to 1 (respectively -1), this indicator indicates a favourable short-term economic situation (respectively unfavourable).

Graph2Activity

Table_quarterEconomic outlook in the services sector

Balances of opinion, in %, seasonally adjusted
Economic outlook in the services sector (Balances of opinion, in %, seasonally adjusted)
Average* Nov.10 Dec.10 Jan.11 Feb.11
Business climate synthetic indicator 100 101 102 103 104
General outlook –5 1 0 1 2
Past activity 4 3 6 11 13
Expected activity 4 4 8 4 6
Expected demand 2 5 11 9 9
Business situation 1 0 5 4 5
Past selling prices –2 –3 –5 –5 –3
Expected selling prices –1 –1 1 1 5
Past employment 3 12 12 6 15
except temporary work agencies 1 2 0 0 3
Expected employment 3 12 13 8 10
except temporary work agencies 0 2 3 –1 5
Investments
Past investments 2 2 0 7 8
Expected investments 1 2 2 1 3
  • * Average of the balances of opinion since 1988
  • Source: Insee

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