The Central Bank's business sentiment indicator for manufacturers rose from 107 points in November to 108 points in December, improving for the fourth consecutive month. With the December increase, the index moved further above its long-term average of 100. Capacity utilisation rose slightly over the previous month and order books expanded, while inventories of final goods were in line with expected levels. In addition, activity in the services sector continued to grow, buttressed by improving staff levels. More recent data on the economic climate in the manufacturing industry are in line with the outlook implied by the positive reading of the Central Bank's indicator. The business sentiment measurement developed by the National Statistical Institute (INSEE) jumped from 102 points in December to 108 points in January, the highest level since March 2008, overshooting market expectations of 104 points. According to the Central Bank's monthly index of business activity (MIBA), the economy is expected to expand 0.6% in the fourth quarter while the quarterly economic outlook released by INSEE in December has the economy expanding 0.5% in the fourth quarter.
France Business Confidence
Business confidence continues to improve
January 21, 2011
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France Economic News
October 3, 2016
According to preliminary figures released by the National Statistical Institute (INSEE), consumer prices in September dropped 0.2% over the previous month, contrasting August’s 0.3% increase.
September 28, 2016
The consumer confidence indicator produced by the National Institute of Statistics and Economic Studies (INSEE) remained stable in September at August’s 97 points.
September 23, 2016
The composite Purchasing Managers’ Index (PMI), produced by IHS Markit, rose in September.
September 23, 2016
The French economy contracted in the second quarter.
September 22, 2016
According to the National Institute of Statistics and Economic Studies’ (INSEE) business climate survey, the business confidence indicator rose from August’s over-one-year low of 101 points to 103 points in September.