23 February 2016
2016- n° 47In February 2016, the French business climate has altered Business 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.
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.
graphiqueGraph_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.
tableauTableau – 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
graphiqueGraph_indicret – Turning point indicator – France
- Close to +1 (resp. -1) : favourable business climate (unfavourable)
- Source: INSEE, business tendency surveys.
Documentation
Methodology (pdf,125 Ko)
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