In may 2013, the business climate remains deteriorated in servicesMonthly survey of services - May 2013

According to the business leaders surveyed in may 2013, the business climate in services remains deteriorated. The composite indicator is stable in may and is 83, well below its long-term average. Business leaders consider that activity has declined over the recent period. However, their business expectations for the coming months are less pessimistic. The general outlook remains well below its long-term average. The turning point indicator indicates an unfavorable economic situation’s dynamic.

Informations rapides
No 121
Paru le : 24/05/2013
Prochaine parution le : 26/09/2017 at 08:45 - September 2017

According to the business leaders surveyed in may 2013, the business climate in services remains deteriorated. The composite indicator is stable in may and is 83, well below its long-term average. Business leaders consider that activity has declined over the recent period. However, their business expectations for the coming months are less pessimistic. The general outlook remains well below its long-term average. The turning point indicator indicates an unfavorable economic situation’s dynamic.

Graph1 – Composite 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* Feb. 13 March 13 April 13 May 13
Composite indicator 100 88 84 83 83
General outlook –7 –23 –26 –30 –30
Past activity 3 –14 –13 –15 –17
Expected activity 3 –7 –13 –15 –11
Expected demand 0 –11 –16 –16 –18
Business situation –1 –16 –13 –17 –18
Past selling prices –3 –14 –14 –14 –11
Expected selling prices –1 –13 –13 –11 –12
Past employment 3 –12 –11 –13 –8
except temporary work agencies 1 –6 –10 –12 –6
Expected employment 2 –11 –13 –17 –15
except temporary work agencies 0 –10 –10 –12 –14
Investments
Past investments 2 –6 –4 –7 –3
Expected investments 1 –4 –5 –4 –5
  • * Average of the balances of opinion since 1988
  • Source: Insee