In September 2012, the business climate in manufacturing industryremains deterioratedMonthly business survey (goods-producing industries) - September 2012

According to the business leaders questioned in September 2012, the industrial economic situation remains deteriorated: the synthetic indicator is steady but remains markedly below its long-term average.

Informations rapides
No 228
Paru le : 25/09/2012
Prochaine parution le : 23/11/2017 at 08:45 - November 2017

Manufacturing industry

According to the business leaders questioned in September 2012, the industrial economic situation remains deteriorated: the synthetic indicator is steady but remains markedly below its long-term average.

Dispite of a slightly increasing for August, the turning point indicator remains in the unfavorable area.

Business leaders consider that the rhythm of activity has markedly decreased in manufacturing industry. Stocks of finished products decrease. Total order books increase but are rated as very low: the balance of opinion remains very below their historical average.

Looking at the personal production outlook, which is steady, 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 slightly 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* Jun. 12 Jul. 12 Aug. 12 Sept. 12
Synthetic index 100 91 89 90 90
Recent changes in output 5 –7 –10 –9 –18
Finished-goods inventory level 13 11 12 13 8
Demand and total order levels –17 –33 –30 –33 –28
Demand and export order levels –12 –30 –36 –28 –28
Personal production expectations 5 –5 –9 –7 –6
General production expectations –9 –32 –44 –44 –52
  • * : 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)