France Business Confidence


France: Business confidence deteriorates in May

May 24, 2011

In May, the business sentiment index, developed by the National Statistical Institute (INSEE), dropped to 107 points from the revised 109 points in April (previously reported: 110 points). The reading marked a three-month low and diverged from market expectations, which had seen the index at 109 points. Despite the monthly drop, the index remains above its long-term average of 100 points. The deterioration in business confidence reflected a sharp drop in the general production outlook as well as declining demand and total order levels, thus suggesting weaker economic activity in the second quarter of the year. In the first quarter, the economy grew 1.0% over the previous quarter, the fastest expansion since Q2 2006. According to the monthly index of business activity (MIBA) elaborated by the Central Bank, GDP will increase 0.5% in the second quarter, while the March quarterly economic outlook released by INSEE has the economy expanding 0.4%.


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France Economic News

  • France: Inflation ticks down in March

    April 15, 2019

    On 11 April, the Statistical Institute (INSEE) reported that consumer prices rose 0.8% from a month earlier in March (February: +0.0% month-on-month).

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    Consumer confidence recovered further in March, according to the consumer confidence survey published by the National Institute of Statistics and Economic Studies (INSEE), which climbed 1 point from February to land at 96 points.

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    March 26, 2019

    In March, the National Institute of Statistics and Economic Studies’ (INSEE) business-climate indicator for the manufacturing sector was roughly stable from a month earlier at 102 points (February: 103 points).

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  • France: Industrial output recovers in January

    March 22, 2019

    Industrial output expanded 1.3% from a month earlier and in seasonally-adjusted terms in January, on the heels of a revised flat month-on-month reading in December (previously reported: +0.8% month-on-month s.a.).

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