Sharp deterioration of the French business climate in September 2011Business climate indicator and turning point indicator - September 2011

According to the business leaders of the main economic sectors, the French business climate is deteriorating in September 2011. The indicator contracted by eight points in two months, reaches now 97 and is under its long term average (100). This decline is perceptible through almost all economic sectors. Business climate indicators fell by over six to ten points in industry, services, retail trade and wholesale sectors. In building sector though, the business climate indicator remains stable and above the long term average.

Informations rapides
No 226
Paru le : 23/09/2011
Prochaine parution le : 23/11/2017 at 08:45 - November 2017

According to the business leaders of the main economic sectors, the French business climate is deteriorating in September 2011. The indicator contracted by eight points in two months, reaches now 97 and is under its long term average (100). This decline is perceptible through almost all economic sectors. Business climate indicators fell by over six to ten points in industry, services, retail trade and wholesale sectors. In building sector though, the business climate indicator remains stable and above the long term average.

At the same time, the turning point indicator fall to -1 which indicates a unfavourable tendancy relatively to the long term tendancy.

Tab_EN – Business climate and turning point indicators

Business climate and turning point indicators
Apr. 11 May 11 June 11 July 11 Sept.11
Business climates
France 109 108 109 105 97
Industry 109 106 110 105 99
Wholesale trade - 107 - 105 99
Building 102 102 103 103 102
Retail trade 106 106 105 102 92
Services 108 107 107 103 95
Turning point indicators
France 1,0 0,9 0,8 0,7 –1,0
Industry 0,1 –0,4 0,7 –0,6 –1,0
Wholesale trade - 0,3 - –0,4 –1,0
Building 0,6 0,5 0,6 0,3 –0,7
Services 1,0 1,0 0,6 –1,0 –1,0
  • Source(s) : INSEE, Business tendency surveys

Documentation

Methodology (pdf, 125 Ko)