24 May 2011
2011- n° 127The French business climate stops improving in May 2011 Business climate indicator and turning point indicator - May 2011
According to the business leaders of the main economic sectors, the French business climate stops improving in May 2011. The indicator decreased by one point (108), but it still remains notably above its long term average (100). The economic upturn of these past months declines in almost all economic sectors. Business climate is particularly slowing down this month in industry, services and wholesale trade sectors. In retail trade and building sectors, business leader’s answers suggest a climate stabilization.
According to the business leaders of the main economic sectors, the French business climate stops improving in May 2011. The indicator decreases by one point (108), but it still remains notably above its long term average (100). The economic upturn of these past months slows down in almost all economic sectors. Business climate is particularly declining this month in industry, services and wholesale trade sectors. In retail trade and building sectors, business leader’s answers suggest a climate stabilization.
At the same time, the turning point indicator clearly remains in the favourable zone for one year and a half. This shows continuous signs of a coming recovery.
tableauTab_EN – Business climate and turning point indicators
| Jan. 11 | Feb. 11 | Mar. 11 | Apr. 11 | May 11 | |
|---|---|---|---|---|---|
| Business climates | |||||
| France | 106 | 107 | 108 | 109 | 108 |
| Industry | 107 | 106 | 110 | 109 | 107 |
| Wholesale trade | 104 | - | 109 | - | 106 |
| Building | 99 | 99 | 100 | 102 | 102 |
| Retail trade | 108 | 105 | 104 | 105 | 105 |
| Services | 103 | 105 | 106 | 109 | 108 |
| Turning point indicators | |||||
| France | 1,0 | 1,0 | 1,0 | 1,0 | 0,9 |
| Industry | 0,9 | 0,5 | 0,6 | 0,0 | –0,4 |
| Wholesale trade | 0,9 | - | 1,0 | - | 0,6 |
| Building | 0,5 | 0,5 | 0,6 | 0,7 | 0,5 |
| Services | 1,0 | 1,0 | 1,0 | 1,0 | 1,0 |
- Source(s) : INSEE, Business tendency surveys
Documentation
Methodology (pdf,125 Ko)
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