In August 2012, the economic climate remains deteriorated in servicesMonthly survey of services - August 2012

According to the business leaders surveyed in August 2012, the economic situation in services continues to deteriorate. The business climate synthetic indicator drops by two points compared with July and is 85. He remains below its long-term average. The turning point indicator indicates an unfavourable economic situation. The business leaders consider that activity is very de-graded in the recent period, and revise downward their expectations of activity for the months to come. The general outlook remains below its long-term average.

Informations rapides
No 211
Paru le : 29/08/2012
Prochaine parution le : 21/12/2017 at 08:45 - December 2017

Warning: This publication marks a significant innovation. Now Insee publishes the results of surveys for the month of August.

According to the business leaders surveyed in August 2012, the economic situation in services continues to deteriorate. The business climate synthetic indicator drops by two points compared with July and is 85. He remains below its long-term average. The turning point indicator indicates an unfavourable economic situation. The business leaders consider that activity is very de-graded in the recent period, and revise downward their expectations of activity for the months to come. The general outlook remains below its long-term average.

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* May 12 June 12 July 12 Aug. 12
Business climate synthetic indicator 100 90 87 87 85
General outlook –6 –18 –18 –21 –22
Past activity 4 –4 –4 –13 –11
Expected activity 3 –8 –12 –9 –13
Expected demand 1 –9 –11 –9 –15
Business situation 0 –13 –15 –16 –15
Past selling prices –2 –4 –5 –7 –8
Expected selling prices –1 –6 –6 –5 –7
Past employment 3 –2 –14 –16 –2
except temporary work agencies 1 0 –6 –6 –4
Expected employment 3 –12 –10 –4 –8
except temporary work agencies 0 –7 –7 –8 –6
Investments
Past investments 2 0 3 –6 –8
Expected investments 1 –3 –5 –7 –7
  • * Average of the balances of opinion since 1988
  • Source: Insee