23 April 2012
2012- n° 100In April 2012, the business climate weakens in manufacturing industry Monthly business survey (goods-producing industries) - April 2012
According to the business leaders questioned in April 2012, the industrial economic situation deteriorated: the synthetic indicator decreases by three points, it now finds its level of november 2011. It remains below its long-term average.
Manufacturing industry
According to the business leaders questioned in April 2012, the industrial economic situation deteriorated: the synthetic indicator decreases by three points, it now finds its level of november 2011. It remains below its long-term average.
The turning point indicator goes down to the neutral area, indicating an economic uncertainty .
Business leaders consider that their past activity slightly increased in manufacturing industry. Stocks of finished products remain steady: they are below to their normal level. Total order books slightly decrease and are rated as low; export order books deteriorated markedly and are rated below their historical average.
Looking at the personal production outlook, which weakens markedly, activity in manufacturing industry would be not dynamic in the next months. The general production outlook, which represents business leaders’ opinion on French industry as a whole, remain steady and are always below its long-term average.
tableautableau – Leaders' opinion: manufacturing industrial activity
| Manufacturing industry | Average* | Jan. 12 | Feb. 12 | March 12 | April 12 |
|---|---|---|---|---|---|
| Synthetic index | 100 | 92 | 93 | 98 | 95 |
| Recent changes in output | 5 | –6 | –7 | –8 | –2 |
| Finished-goods inventory level | 13 | 16 | 14 | 11 | 10 |
| Demand and total order levels | –17 | –28 | –26 | –20 | –23 |
| Demand and export order levels | –12 | –26 | –33 | –10 | –24 |
| Personal production expectations | 5 | –5 | –1 | 8 | –4 |
| General production expectations | –8 | –36 | –27 | –15 | –14 |
- * : The average of the balances opinion since 1976.
- Source : Monthly business survey - INSEE
graphiqueGraphang1 – Industrial economic climate - Synthetic Index
graphiqueGraphang2 – Turning-point indicator
graphiqueGraphang3 – Business leaders' opinion (manufacturing industry)
Documentation
Methodology (pdf,133 Ko)
Pour en savoir plus
Time series : Industry - Activity and demand
