In October 2012, the business climate in manufacturing industrydeteriorates anewMonthly business survey (goods-producing industries) - October 2012

According to the business leaders questioned in October 2012, the industrial economic situation deteriorated markedly : the synthetic indicator plunged by five points.

Informations rapides
No 257
Paru le : 23/10/2012
Prochaine parution le : 26/09/2017 at 08:45 - September 2017

Manufacturing industry

According to the business leaders questioned in October 2012, the industrial economic situation deteriorated markedly : the synthetic indicator plunged by five points.

The turning point indicator is in the unfavorable area.

Business leaders consider that the rhythm of activity remains very weak: the balance of opinion is very low.

Looking at the personal production outlook, the business leaders are also pessimistic about their future activity.

Total and export order books decreased and are considered as very low.

The general production outlook, which represents business leaders’ opinion on French industry as a whole, weakened anew; the balance of opinion reached a very low level.

Stocks of finished products increased and are rated as near their long-term average.

tableau – Leaders' opinion: manufacturing industrial activity

Balance of opinion, s.a, in %
Leaders' opinion: manufacturing industrial activity
Manufacturing industry Average* Jul. 12 Aug. 12 Sept. 12 Oct. 12
Synthetic index 100 89 90 90 85
Recent changes in output 5 –10 –9 –21 –23
Finished-goods inventory level 13 12 13 7 15
Demand and total order levels –17 –30 –33 –28 –39
Demand and export order levels –12 –36 –28 –27 –36
Personal production expectations 5 –9 –7 –5 –8
General production expectations –9 –44 –44 –52 –56
  • * : The average of the balances opinion since 1976.
  • Source : Monthly business survey - INSEE

Graphang1 – Industrial economic climate - Synthetic Index

Graphang3 – Business leaders' opinion (manufacturing industry)