In September, the business sentiment index published by the National Statistical Institute (INSEE) dropped to 99 points from 105 points in July (August estimate: 102 points). The reading was below market expectations, which saw the index easing to 100 points, and marked the lowest level since August 2010. With the monthly decrease, business sentiment fell below its long-term average of 100 points. The fall in business confidence reflected a sharp deterioration in the general production outlook. In addition, personal production perspectives, as well as demand and total order levels, deteriorated over the previous month. 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 will expand 0.1% in the third quarter, which was down 0.1 percentage points over the previous estimate.
France Business Confidence
Business confidence deteriorates in September
September 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.