21 January 2016
2016- n° 16In January 2016, the French business climate improves slightly Business climate indicator and turning point indicator - January 2016
In January 2016, the business climate indicator has improved slightly. The composite indicator, compiled from the answers of business managers in the main sectors has gained one point and has returned to its November's level. It stands at 102, a little above its long-term average (100), which has been hit during summer. The business climate indicator has gone up by two points in services and one point in retail trade. It has been stable in manufacturing and wholesale trade.
The business climate has regained one point
In January 2016, the business climate indicator has improved slightly. The composite indicator, compiled from the answers of business managers in the main sectors has gained one point and has returned to its November's level. It stands at 102, a little above its long-term average (100), which has been hit during summer. The business climate indicator has gone up by two points in services and one point in retail trade. It has been stable in manufacturing and wholesale trade.
graphiqueGraph_climaff – French business climate composite indicator
Revisions
Since its first estimate, the business climate indicators in manufacturing, in services and in retail trade have lost one point; this revision comes from late answers that have been taken into account. The business climate in France is unchanged (101).
tableauTableau – Business climate and turning point indicators
Sept. 15 | Oct. 15 | Nov. 15 | Dec. 15 | Jan. 16 | |
---|---|---|---|---|---|
Composite indicators | |||||
France | 100 | 102 | 102 | 101 | 102 |
Manufacturing | 104 | 103 | 102 | 102 | 102 |
Wholesale trade | 100 | - | 101 | - | 101 |
Building construction | 91 | 90 | 91 | 92 | 93 |
Retail trade | 109 | 110 | 109 | 104 | 105 |
Services | 97 | 101 | 101 | 98 | 100 |
Turning point indicators | |||||
France | 0.8 | 0.7 | 0.7 | 0.6 | 0.8 |
Manufacturing | 0.7 | 0.0 | –0.1 | 0.1 | 0.4 |
Wholesale trade | 0.1 | - | 0.4 | - | –0.5 |
Building construction | 0.5 | –0.1 | –0.6 | 0.2 | 0.3 |
Services | –0.1 | 0.9 | 0.8 | –0.3 | 0.1 |
- Source: INSEE, Business tendency surveys
The turning point indicator remains in the favourable area
The global turning point indicator remains in the area indicating a favourable short-term economic outlook.
graphiqueGraph_indicret – Turning point indicator
Source: INSEE, Business tendency surveys
Documentation
Methodology (pdf,125 Ko)