22 July 2015
2015- n° 177The French business climate has improved slightly in July 2015 Business climate indicator and turning point indicator - July 2015
In July 2015, the business climate indicator has improved slightly.
The business climate has improved slightly
In July 2015, the business climate indicator has improved slightly.
The composite indicator, compiled from the answers of business managers in the main sectors, has increased by one point. At its highest level since the summer 2011, it is very close (99) to its long-term average (100). The business climate indicator has risen by two points in manufacturing and services and by one point in wholesale trade. It is stable in retail trade and has lost one point in building construction.
The turning point indicator is in the favourable area
The global turning point indicator is in the area indicating a favourable short-term economic outlook.
graphiqueGraph_climaff – French business climate composite indicator
graphiqueGraph_indicret – Turning point indicator
- Close to +1 (resp. -1) : favourable business climate (unfavourable)
tableauTableau – Business climate and turning point indicators
| March 15 | April 15 | May 15 | June 15 | July 15 | |
|---|---|---|---|---|---|
| Composite indicators | |||||
| France | 96 | 96 | 98 | 98 | 99 |
| Manufacturing | 99 | 102 | 103 | 100 | 102 |
| Wholesale trade | 97 | - | 102 | - | 103 |
| Building construction | 89 | 89 | 89 | 91 | 90 |
| Retail trade | 104 | 104 | 106 | 106 | 106 |
| Services | 93 | 92 | 95 | 95 | 97 |
| Turning point indicators | |||||
| France | 0,4 | 0,3 | 0,3 | 0,3 | 0,8 |
| Manufacturing | 0,5 | 0,6 | 0,4 | 0,3 | 0,6 |
| Wholesale trade | 0,9 | - | 0,9 | - | 1,0 |
| Building construction | 0,0 | –0,1 | 0,1 | 0,8 | 0,5 |
| Services | –0,7 | –0,6 | 0,6 | 0,4 | 0,6 |
- Source(s) : INSEE, Business tendency surveys
Revisions
Since its first estimate, the business climate in France has been revised upward by one point in June 2015. This revision comes from late answers which have been taken into account.
Documentation
Methodology (pdf,125 Ko)
Pour en savoir plus
