21 April 2016
2016- n° 105In April 2016, the French business climate is stable Business climate indicator and turning point indicator - April 2016
In April 2016, the business climate indicator is stable. The composite indicator, compiled from the answers of business managers in the main sectors, stands at 101, one point above its long-term average (100). It has gained two points in manufacturing and building construction, whereas it lost one point in services and two points in retail trade.
The French business climate is stable
In April 2016, the business climate indicator is stable. The composite indicator, compiled from the answers of business managers in the main sectors, stands at 101, one point above its long-term average (100). It has gained two points in manufacturing and building construction, whereas it lost one point in services and two points in retail trade.
graphiqueGraph_climaff – French business climate composite indicator
The turning point indicator is in the uncertainty area
The turning point indicator for the French economy as a whole is in the area showing an uncertain short-term economic outlook.
tableauTableau – Business climate and turning point indicators
| Dec. 15 | Jan. 16 | Feb. 16 | March 16 | April 16 | |
|---|---|---|---|---|---|
| Composite indicators | |||||
| France | 101 | 102 | 101 | 101 | 101 |
| Manufacturing | 103 | 103 | 103 | 102 | 104 |
| Wholesale trade | - | 101 | - | 102 | - |
| Building construction | 92 | 93 | 92 | 92 | 94 |
| Retail trade | 104 | 105 | 101 | 104 | 102 |
| Services | 98 | 100 | 100 | 99 | 98 |
| Turning point indicators | |||||
| France | 0.6 | 0.8 | 0.8 | –0.2 | 0.1 |
| Manufacturing | 0.1 | 0.6 | 0.4 | –0.2 | 0.1 |
| Wholesale trade | - | –0.9 | - | 0.0 | - |
| Building construction | 0.2 | 0.4 | 0.5 | 0.5 | 0.8 |
| Services | –0.3 | 0.1 | 0.3 | –0.3 | –0.4 |
- Source: INSEE, Business tendency surveys
graphiqueGraph_indicret – Turning point indicator
- Close to +1 (resp. -1): favourable business climate (unfavourable)
Revisions
Since its first estimate, the business climate in manufacturing and in France in March 2016 has been revised upward by one point. Those revisions are due to late answers from businesses that have been taken into account.
Documentation
Methodology (pdf,125 Ko)
Pour en savoir plus
