21 October 2011
2011- n° 255Slight deterioration of the French business climate in October 2011 Business climate indicator and turning point indicator - October 2011
According to the business leaders of the main economic sectors, the French business climate is slightly deteriorating in october 2011. The indicator contracted by one points in one month, after a sharp deterioration of 9 points between july and september. It reaches now 95 and is under its long term average (100). The situation is almost the same in all economic sectors. Business climate indicators fell by two points in industry and building sector, by one point in services but gain one point in retail trade.
According to the business leaders of the main economic sectors, the French business climate is slightly deteriorating in october 2011. The indicator contracted by one points in one month, after a sharp deterioration of 9 points between july and september. It reaches now 95 and is under its long term average (100). The situation is almost the same in all economic sectors. Business climate indicators fell by two points in industry and building sector, by one point in services but gain one point in retail trade.
At the same time, the turning point indicator is still to -1 which indicates an unfavourable tendancy relatively to the long term tendancy.
tableauTab_EN – Business climate and turning point indicators
| May 11 | June 11 | July 11 | Sept.11 | Oct.11 | |
|---|---|---|---|---|---|
| Business climates | |||||
| France | 108 | 108 | 105 | 96 | 95 |
| Industry | 106 | 110 | 105 | 99 | 97 |
| Wholesale trade | 107 | - | 105 | 99 | - |
| Building | 101 | 102 | 102 | 101 | 99 |
| Retail trade | 106 | 105 | 102 | 93 | 94 |
| Services | 107 | 107 | 103 | 95 | 94 |
| Turning point indicators | |||||
| France | 0,9 | 0,8 | 0,7 | –1,0 | –1,0 |
| Industry | –0,2 | 0,8 | –0,5 | –1,0 | –0,6 |
| Wholesale trade | 0,3 | - | –0,4 | –1,0 | - |
| Building | 0,8 | 0,8 | 0,8 | 0,6 | –0,3 |
| Services | 1,0 | 0,6 | –1,0 | –1,0 | –1,0 |
- Source(s) : INSEE, Business tendency surveys
Documentation
Methodology (pdf,125 Ko)
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