In July 2012, the business climate in manufacturing industry remains deterioratedMonthly business survey (goods-producing industries) - July 2012

According to the business leaders questioned in July 2012, the industrial economic situation remains deteriorated: the synthetic indicator decreases by one point, back to its early 2010 level.

Informations rapides
No 180
Paru le : 24/07/2012
Prochaine parution le : 21/12/2017 at 08:45 - December 2017

Manufacturing industry

According to the business leaders questioned in July 2012, the industrial economic situation remains deteriorated: the synthetic indicator decreases by one point, back to its early 2010 level.

The turning point indicator remains in the unfavorable area.

Business leaders consider that the rhythm of activity in manufacturing industry remains negatively oriented. Stocks of finished products are steady and are below their long-term average. Total order books are nearly steady and are rated as very low. Finally, export order books decreased significantly and are considered as very low.

Looking at the personal production outlook, which decreases by three points and is below their long-term average, activity in manufacturing industry would be unfavorable in the next months. The general production outlook, which represents business leaders’ opinion on French industry as a whole, weakens strongly and remains very 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* April 12 May 12 Jun. 12 Jul. 12
Synthetic index 100 95 93 91 90
Recent changes in output 5 –3 –3 –7 –9
Finished-goods inventory level 13 10 12 11 11
Demand and total order levels –17 –22 –29 –33 –30
Demand and export order levels –12 –25 –28 –30 –37
Personal production expectations 5 –3 –2 –5 –8
General production expectations –8 –21 –30 –35 –45
  • * : 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)