The business sentiment index published by the National Statistical Institute (INSEE) inched up to 90 points in August from a revised 89 points in July (previously reported: 90 points). The modest increase matched market expectations, which had business confidence remaining stable at the original 90 points recorded in July. Despite the monthly improvement, business sentiment remains below its long-term average of 100 points, where it has now languished since September 2011. The monthly result reflected an improvement in personal production expectations. In addition, demand and export order levels improved over the previous month. On the other hand, finished-goods inventory levels and general production expectations remained unchanged from last month.
France Business Confidence
Business confidence ticks up in August
August 29, 2012
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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.