In February 2016, the French business climate has alteredBusiness climate indicator and turning point indicator - February 2016

In February 2016, the business climate indicator has edged down. The composite indicator, compiled from the answers of business managers in the main sectors has lost two points and has returned to its long-term average (100). The business climate indicator has been stable for manufacturing, has lost one point for building construction and services, and two points for the retail trade.

Informations rapides
No 47
Paru le : 23/02/2016
Prochaine parution le : 21/12/2017 at 08:45 - December 2017

The French business climate has lost two points

In February 2016, the business climate indicator has edged down. The composite indicator, compiled from the answers of business managers in the main sectors has lost two points and has returned to its long-term average (100). The business climate indicator has been stable for manufacturing, has lost one point for building construction and services, and two points for the retail trade.

Graph_climaff – French business climate composite indicator

The turning point indicator remains in the favourable area

Despite the weakening of the overall business climate, the turning point indicator for the French economy as a whole remains in the area indicating a favourable short-term economic outlook.

Tableau – Business climate and turning point indicators

Business climate and turning point indicators
Oct. 15 Nov. 15 Dec. 15 Jan. 16 Feb. 16
Composite indicators
France 102 102 101 102 100
Manufacturing 103 102 102 103 103
Wholesale trade - 101 - 101 -
Building construction 90 91 92 93 92
Retail trade 110 109 104 105 103
Services 101 101 98 100 99
Turning point indicators
France 0.7 0.7 0.6 0.8 0.6
Manufacturing 0.0 –0.1 0.1 0.6 0.5
Wholesale trade - 0.4 - –0.5 -
Building construction –0.1 –0.2 0.5 0.7 0.6
Services 0.9 0.8 –0.3 0.1 0.1
  • Source: INSEE, Business tendency surveys

Graph_indicret – Turning point indicator – France

  • Close to +1 (resp. -1) : favourable business climate (unfavourable)
  • Source: INSEE, business tendency surveys.

Documentation

Methodology (pdf, 125 Ko)