21 July 2016
2016- n° 191In July 2016, the French business climate improves Business climate indicator and turning point indicator - July 2016
In July 2016, the business climate indicator has improved. The composite indicator, compiled from the answers of business managers in the main sectors, has gained two points and has returned to its level of May. At 102, it stands slightly above its long-term average (100). The climate has gained one point in manufacturing and building construction, two points in wholesale trade and three points in retail trade and services.
The French business climate has improved
In July 2016, the business climate indicator has improved. The composite indicator, compiled from the answers of business managers in the main sectors, has gained two points and has returned to its level of May. At 102, it stands slightly above its long-term average (100). The climate has gained one point in manufacturing and building construction, two points in wholesale trade and three points in retail trade and services.
graphiqueGraph_climaff – French business climate composite indicator
Revisions
Compared to its first estimate, the business climate in France is unchanged.
tableauTableau – Business climate and turning point indicators
| March 16 | April 16 | May 16 | June 16 | July 16 | |
|---|---|---|---|---|---|
| Composite indicators | |||||
| France | 101 | 101 | 102 | 100 | 102 |
| Manufacturing | 102 | 105 | 104 | 102 | 103 |
| Wholesale trade | 100 | - | 102 | - | 104 |
| Building construction | 92 | 95 | 95 | 95 | 96 |
| Retail trade | 100 | 99 | 104 | 102 | 105 |
| Services | 100 | 99 | 101 | 98 | 101 |
| Turning point indicators | |||||
| France | –0,3 | 0,0 | 0,1 | –0,7 | 0,4 |
| Manufacturing | –0,2 | 0,1 | 0,0 | –0,4 | 0,0 |
| Wholesale trade | –0,3 | - | 0,2 | - | 0,5 |
| Building construction | 0,5 | 0,9 | 0,9 | –0,1 | 0,7 |
| Services | 0,4 | 0,3 | 0,8 | –0,5 | 0,2 |
- Source: INSEE, Business tendency surveys
graphiqueGraph_indicret – Turning point indicator
- Close to +1 (resp. −1) : favourable business climate (unfavourable)
The turning point indicator for the French economy as a whole is in the area showing a favourable short-term economic outlook.
Documentation
Methodology (pdf,125 Ko)
Pour en savoir plus
