In November 2015, the French business climate remains favourableBusiness climate indicator and turning point indicator - November 2015

In November 2015, the business climate indicator remains favourable. The composite indicator, compiled from the answers of business managers in the main sectors, stands at 102, above its long-term average (100). The business climate indicator has gone up by one point in wholesale and retail trade, and in building construction. It is stable in services and has lost one point in manufacturing.

Informations rapides
No 285
Paru le : 24/11/2015
Prochaine parution le : 26/09/2017 at 08:45 - September 2017

Warning: the results of this survey take into account answers until 19 November inclusive. The large majority of responses were registered before the attacks of 13 November.

The business climate is stable

In November 2015, the business climate indicator remains favourable.

The composite indicator, compiled from the answers of business managers in the main sectors, stands at 102, above its long-term average (100). The business climate indicator has gone up by one point in wholesale and retail trade, and in building construction. It is stable in services and has lost one point in manufacturing.

The turning point indicator remains in the favorable area

The global turning point indicator remains in the area indicating a favourable short-term economic outlook.

Graph_climaff – French business climate composite indicator

Graph_indicret – Turning point indicator

  • Close to +1 (resp. –1): favourable business climate (unfavourable)

Tableau – Business climate and turning point indicators

Business climate and turning point indicators
July 15 Aug. 15 Sept. 15 Oct. 15 Nov. 15
Composite indicators
France 99 100 100 102 102
Manufacturing 103 103 104 103 102
Wholesale trade 103 - 100 - 101
Building construction 90 91 91 90 91
Retail trade 105 107 109 110 111
Services 96 98 97 101 101
Turning point indicators
France 0.6 1.0 0.8 0.7 0.7
Manufacturing 0.4 0.6 0.7 0.0 –0.1
Wholesale trade 1.0 - 0.1 - 0.3
Building construction 0.5 0.6 0.5 –0.1 –0.2
Services 0.8 1.0 –0.1 0.9 0.9
  • Source: INSEE, Business tendency surveys

Revisions

Since its first estimate, the business climate in France has been revised upward by one point in October 2015. This slight revision comes from late answers from businesses that have been taken into account.

Documentation

Methodology (pdf, 125 Ko)