23 January 2015
2015- n° 13The French business climate is stable in January 2015 Business climate indicator and turning point indicator - January 2015
In January 2015, the business climate indicator, compiled from the answers of business managers in the main sectors, has stayed at the same level than in November and December (94), below its long-term average (100). The business climate in France is stable in manufacturing and services, while building construction has lost one point and the wholesale trade has lost two points. Only the retail trade has gone up (+8 points).
The business climate is stable
In January 2015, the business climate indicator, compiled from the answers of business managers in the main sectors, has stayed at the same level than in November and December (94), below its long-term average (100). The business climate in France is stable in manufacturing and services, while building construction has lost one point and the wholesale trade has lost two points. Only the retail trade has gone up (+8 points).
The turning point indicator stays in the favorable area
The overall turning point indicator stays in the favourable area.
tableauTableau – Business climate and turning point indicators
| Sept. 14 | Oct. 14 | Nov. 14 | Dec. 14 | Jan. 15 | |
|---|---|---|---|---|---|
| Composite indicators | |||||
| France | 91 | 92 | 94 | 94 | 94 |
| Manufacturing | 96 | 98 | 99 | 99 | 99 |
| Wholesale trade | 91 | - | 96 | - | 94 |
| Building construction | 88 | 86 | 89 | 89 | 88 |
| Retail trade | 90 | 90 | 96 | 95 | 103 |
| Services | 92 | 93 | 93 | 92 | 92 |
| Turning point indicators | |||||
| France | –1.0 | –1.0 | 0.8 | 1.0 | 0.9 |
| Manufacturing | –0.1 | –0.1 | 0.1 | 0.2 | 0.4 |
| Wholesale trade | –0.9 | - | 0.6 | - | 0.8 |
| Building construction | –1.0 | –0.8 | –0.1 | 0.0 | –0.9 |
| Services | 1.0 | 0.5 | 0.8 | 1.0 | 0.9 |
- Source(s): INSEE, Business tendency surveys
graphiqueGraph_climaff – Composite indicator
graphiqueGraph_indicret – Turning point indicator
- Close to +1 (resp. -1): favorable business climate (unfavorable)
Documentation
Methodology (pdf,125 Ko)
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