In September 2012, the business climate remains dull in servicesMonthly survey of services - September 2012

According to the business leaders surveyed in September 2012, the business climate in services is recovering but remains dull. The synthetic indicator rises by three points compared with August to stand at 87, well below its long-term average. The business leaders consider that their activity slow down during the last few months, but revise upward their expectations of activity for the months to come. The general outlook drops by two points compared with August. The turning point indicator is in neutral zone.

Informations rapides
No 232
Paru le : 25/09/2012
Prochaine parution le : 26/09/2017 at 08:45 - September 2017

According to the business leaders surveyed in September 2012, the business climate in services is recovering but remains dull. The synthetic indicator rises by three points compared with August to stand at 87, well below its long-term average. The business leaders consider that their activity slow down during the last few months, but revise upward their expectations of activity for the months to come. The general outlook drops by two points compared with August. The turning point indicator is in neutral zone.

Graph1 – Business climate synthetic indicator

graph_retourn – Turning point indicator

  • Note: close to 1 (respectively -1), this indicator indicates a favourable short-term economic situation (respectively unfavourable).

Graph2 – Activity

Table_quarter – Economic outlook in the services sector

Balances of opinion, in %, seasonally adjusted
Economic outlook in the services sector
Average* June 12 July 12 Aug. 12 Sept. 12
Business climate synthetic indicator 100 88 87 84 87
General outlook –6 –18 –21 –22 –24
Past activity 4 –4 –13 –11 –17
Expected activity 3 –12 –9 –13 –6
Expected demand 1 –11 –9 –15 –14
Business situation 0 –15 –16 –16 –20
Past selling prices –2 –5 –7 –8 –10
Expected selling prices –1 –6 –5 –8 –8
Past employment 3 –14 –16 –2 –7
except temporary work agencies 1 –6 –6 –4 –7
Expected employment 3 –10 –4 –8 –5
except temporary work agencies 0 –7 –8 –6 –7
Investments
Past investments 2 3 –6 –8 –8
Expected investments 1 –5 –7 –8 –4
  • * Average of the balances of opinion since 1988
  • Source: Insee