The French business climate is deteriorating in July 2011Business climate indicator and turning point indicator - July 2011

According to the business leaders of the main economic sectors, the French business climate is deteriorating in July 2011. The indicator contracted by four points, and reaches now 105. However it still remains above its long term average (100). This decline is perceptible through almost all economic sectors. Business climate indicators fell by over three to five points in industry, services, retail trade and wholesale sectors. In building sector though, business leaders’ answers suggest a stabilization of the activity for several months.

Informations rapides
No 182
Paru le : 22/07/2011
Prochaine parution le : 23/11/2017 at 08:45 - November 2017

Warning  : the parameters of the French business climate have been reestimated as every year.

According to the business leaders of the main economic sectors, the French business climate is deteriorating in July 2011. The indicator contracted by four points, and reaches now 105. However it still remains above its long term average (100). This decline is perceptible through almost all economic sectors. Business climate indicators fell by over three to five points in industry, services, retail trade and wholesale sectors. In building sector though, business leaders’ answers suggest a stabilization of the activity for several months.

At the same time, the turning point indicator slips back for the third month in a row, but remains in the favourable zone.

Tab_EN – Business climate and turning point indicators

Business climate and turning point indicators
Mar. 11 Apr. 11 May 11 June 11 July 11
Business climates
France 109 109 108 109 105
Industry 110 109 106 110 105
Wholesale trade 109 - 107 - 104
Building 100 102 102 103 103
Retail trade 105 105 106 105 102
Services 107 108 107 107 103
Turning point indicators
France 1,0 1,0 0,9 0,8 0,7
Industry 0,6 0,1 –0,4 0,7 –0,4
Wholesale trade 1,0 - 0,3 - –0,4
Building 0,6 0,8 0,7 0,7 0,7
Services 1,0 1,0 1,0 0,5 –1,0
  • Source(s) : INSEE, Business tendency surveys

Documentation

Methodology (pdf, 125 Ko)