The monthly business sentiment index published by the National Statistical Institute (INSEE) remained at February's 100 points in March, which matched market expectations. This is the fourth consecutive month in which the indicator has remained at its long-term 100-point average, which is the benchmark measure the INSEE uses to distinguish between improving and worsening business expectations. Business leaders in the manufacturing sector were more optimistic regarding past activity and didn't alter their expectations regarding the state of inventories. However, businesses were more pessimistic with respect to the overall situation of production and manufacturing. FocusEconomics Consensus Forecast panelists see private investment expanding 0.8% in 2014, which is up 0.1 percentage points over the previous month's estimate. For 2015, the panel sees investment expanding 2.4%.
France Business Confidence
Business confidence steady for fourth consecutive month in March
March 25, 2014
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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.