25 August 2016
2016- n° 218In August 2016, the French business climate is almost stable Business climate indicator and turning point indicator - August 2016
In August 2016, the business climate indicator is virtually stable. The composite indicator, compiled from the answers of business managers in the main sectors, has lost one point and stands at to its level of April (101), slightly above its long-term average (100). The climate has lost two points in manufacturing, one point in retail trade. It is stable in services and building construction.
The French business climate is slightly above its average
In August 2016, the business climate indicator is virtually stable. The composite indicator, compiled from the answers of business managers in the main sectors, has lost one point and stands at to its level of April (101), slightly above its long-term average (100). The climate has lost two points in manufacturing, one point in retail trade. It is stable in services and building construction.
graphiqueGraph_climaff – French business climate composite indicator
graphiqueGraph_indicret – Turning point indicator
- Close to +1 (resp. −1): favourable business climate (unfavourable). Between −0.3 and 0.3: uncertainty area.
tableauTableau – Business climate and turning point indicators
| April 16 | May 16 | June 16 | July 16 | Aug. 16 | |
|---|---|---|---|---|---|
| Composite indicators | |||||
| France | 101 | 102 | 100 | 102 | 101 |
| Manufacturing | 105 | 104 | 102 | 103 | 101 |
| Wholesale trade | - | 102 | - | 104 | - |
| Building construction | 95 | 95 | 95 | 95 | 95 |
| Retail trade | 100 | 104 | 102 | 104 | 103 |
| Services | 99 | 101 | 98 | 101 | 101 |
| Turning point indicators | |||||
| France | 0.0 | 0.1 | –0.7 | 0.1 | –0.1 |
| Manufacturing | 0.1 | 0.0 | –0.4 | 0.0 | –0.6 |
| Wholesale trade | - | 0.5 | - | 0.8 | - |
| Building construction | 0.9 | 0.9 | –0.1 | 0.7 | –0.2 |
| Services | 0.3 | 0.8 | –0.5 | 0.2 | 0.1 |
- Source: INSEE, Business tendency surveys
The turning point indicator for the French economy as a whole is in the area showing an uncertain short-term economic outlook.
Documentation
Methodology (pdf,125 Ko)
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