Informations rapides
23 September 2011
2011- n° 229
In September 2011, the economic climate in services is significantly deteriorating Monthly survey of services - September 2011

According to the business leaders surveyed in September, the economic situation in services is deteriorating. The business climate synthetic indicator drops by eight points compared with July, and is 95. He stands now below its long-term average. The turning point indicator indicates an unfavourable economic situation.

Informations rapides
No 229
Paru le :Paru le23/09/2011
Prochaine parution le : 24/10/2024 at 08:45 - October 2024

According to the business leaders surveyed in September, the economic situation in services is deteriorating. The business climate synthetic indicator drops by eight points compared with July, and is 95. He stands now below its long-term average. The turning point indicator indicates an unfavourable economic situation.

Activity is slowing down in the recent period and business leaders consider that activity should continue to decrease in the months to come.

The general outlook drops by twelve points compared with July and stands now below its long-term average.

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* May 11 June 11 July 11 Sept. 11
Business climate synthetic indicator 100 107 107 103 95
General outlook –5 2 3 2 –10
Past activity 4 7 10 10 3
Expected activity 4 10 9 2 –2
Expected demand 2 7 7 1 –5
Business situation 1 6 4 7 –2
Past selling prices –2 4 0 1 –2
Expected selling prices –1 5 0 –2 –1
Past employment 4 13 14 8 6
except temporary work agencies 1 7 8 6 0
Expected employment 3 11 7 11 14
except temporary work agencies 1 6 6 5 3
Investments
Past investments 2 8 7 6 2
Expected investments 2 9 8 5 7
  • * Average of the balances of opinion since 1988
  • Source: Insee

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