In January 2012, new deterioration of the business climate in manufacturing industryMonthly business survey (goods-producing industries) - January 2012

According to the business leaders questioned in January 2012, the industrial economic situation deteriorated anew: the synthetic indicator decreases by three points, after it decreased by two points in December. It is markedly below its long-term average.

Informations rapides
No 20
Paru le : 23/01/2012
Prochaine parution le : 24/10/2017 at 08:45 - October 2017

Manufacturing industry

According to the business leaders questioned in January 2012, the industrial economic situation deteriorated anew: the synthetic indicator decreases by three points, after it decreased by two points in December. It is markedly below its long-term average.

The turning point indicator remains in the unfavorable area .

Business leaders consider that their past activity has weakened in manufacturing industry. Stocks of finished products are rated above to their normal level. Total and export order books decrease and are rated as very low.

Looking at the personal production outlook, which weakens markedly, activity in manufacturing industry would fall in the next months. The general production outlook, which represents business leaders’ opinion on French industry as a whole, stays at a very low level: it is always well below its long-term average.

tableau – Leaders' opinion: manufacturing industrial activity

Balance of opinion, s.a, in %
Leaders' opinion: manufacturing industrial activity
Manufacturing industry Average* Oct. 11 Nov. 11 Dec. 11 Jan. 12
Synthetic index 100 97 96 94 91
Recent changes in output 5 –0 4 –5 –7
Finished-goods inventory level 13 14 18 15 16
Demand and total order levels –17 –19 –17 –26 –32
Demand and export order levels –12 –19 –25 –20 –26
Personal production expectations 5 3 –5 –1 –6
General production expectations –8 –30 –35 –36 –37
  • * : The average of the balances opinion since 1976.
  • Source : Monthly business survey - INSEE

Graphang1 – Industrial economic climate - Synthetic Index

Graphang2 – Turning-point indicator

Graphang3 – Business leaders' opinion (manufacturing industry)