The monthly business sentiment index published by the National Statistical Institute (INSEE) declined from 91 to points in March to 88 points in April. The monthly print was slightly below market expectations that had the index falling to only 89 points. As a result, business sentiment moved further away from its long-term average of 100 points. In April, respondents were more pessimistic about their past activity and assessed a deterioration in their production outlook as well as in both total and export order books. In addition, the general production expectations sub-index, which represents business leaders' opinion on the French industry as a whole, fell slightly over the previous month and remains mired in negative territory. According to the Central Bank's monthly index of business activity (MIBA), GDP is expected to increase by 0.1% in the first quarter. FocusEconomics Consensus Forecast panellists maintain a more pessimistic view and see the economy contracting 0.2% in the first quarter of 2013.
France Business Confidence
Business confidence drops in April
April 23, 2013
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France Business Confidence Chart
Note: Value of monthly business sentiment indicator index; long-term avg. at 100.
Source: National Institute of Statistics and Economic Studies (INSEE).
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.