In December 2011, the business climate in services remains sluggishMonthly survey of services - December 2011

According to the business leaders surveyed in December, the economic situation in services is slightly deteriorating. The business climate synthetic indicator drops by one point compared with November, and is 91. He stands below its long-term average.

Publications for experts
Informations rapides – No 309
Paru le : 12/16/2011
Prochaine parution le : 12/16/2016 at 08:45 - December 2016

According to the business leaders surveyed in December, the economic situation in services is slightly deteriorating. The business climate synthetic indicator drops by one point compared with November, and is 91. He stands below its long-term average.

Business leaders consider that their activity continued to decrease the last few month. They do not revise their expectations of activity compared to the October survey. The corresponding balance of opinion remains unchanged and is -3.

The general outlook continues to deteriorate and is now -17.

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* Sept. 11 Oct. 11 Nov. 11 Dec. 11
Business climate synthetic indicator 100 95 94 92 91
General outlook –5 –10 –12 –15 –17
Past activity 4 1 –4 –1 –3
Expected activity 4 –2 2 –3 –3
Expected demand 2 –6 –3 –6 –6
Business situation 1 –2 –5 –6 –7
Past selling prices –2 –3 –3 –4 –4
Expected selling prices –1 –2 –4 –4 –2
Past employment 4 5 3 8 10
except temporary work agencies 1 0 1 –1 1
Expected employment 3 11 6 4 1
except temporary work agencies 0 1 –3 –1 –4
Investments
Past investments 2 1 3 6 5
Expected investments 2 7 0 –2 0
  • * Average of the balances of opinion since 1988
  • Source: Insee