In November, the business sentiment index published by the National Statistical Institute (INSEE) dropped to 95 points from 97 points in October, amid concerns that the European debt crisis and slowing global economic growth will crimp demand. The reading was in line with market expectations, and marked its lowest level since April 2010. With the monthly decrease, business sentiment remains below its long-term average of 100 points for the third consecutive month. The fall in business confidence reflected steep deteriorations in the personal production outlook as well as demand and export order levels. The decline in business confidence does not bode well for economic activity in the months ahead. According to the Central Bank's monthly index of business activity (MIBA), GDP is expected to remain stable in the fourth quarter, which matched the INSEE projection, according to its October quarterly economic outlook.
France Business Confidence
European debt crisis continues to erode business confidence
November 23, 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.