France Business Confidence


France: Business confidence drops in July

July 22, 2011

In July, the business sentiment index published by the National Statistical Institute (INSEE) dropped to 105 points from a revised 110 points in June (previously reported: 109 points). The reading was below market expectations, which saw the index easing to 107 points. In spite of the monthly decrease, business sentiment remains above its long-term average of 100 points. The drop in business confidence reflected a notable 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 drop in business confidence does not bode well for economic activity at the outset of the third quarter. According to the monthly index of business activity (MIBA) elaborated by the Central Bank, GDP increased 0.2% in the second quarter, which was down 0.2 percentage points over last month's estimate and matched the INSEE forecast for Q2 GDP growth according to its INSEE's June quarterly economic outlook.


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France Economic News

  • France: Business confidence reaches six-month high in May

    May 23, 2019

    In May, the National Institute of Statistics and Economic Studies’ (INSEE) business-climate indicator for the manufacturing sector climbed 4 points from a month earlier to land at 104 points—a six-month high.

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  • France: Private-sector activity growth hits six-month high in May

    May 23, 2019

    The seasonally-adjusted IHS Markit Flash Composite Purchasing Managers’ Index (PMI) jumped to 51.3 points in May, climbing from 50.1 points in April and signaling the fastest private-sector activity growth in six months. May’s upturn reflected stronger services-sector activity once again offset by a fall in manufacturing output—although the pace of losses slowed somewhat from April.

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  • France: Inflation edges up in April

    May 15, 2019

    On 15 May, the Statistical Institute (INSEE) reported that consumer prices rose 0.3% from a month earlier in April (March: +0.8% month-on-month).

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  • France: Industrial output falls in March

    May 10, 2019

    Industrial output contracted 0.9% month-on-month and in seasonally-adjusted terms in March, on the heels of a revised 0.1% month-on-month expansion in February (previously reported: +0.4% month-on-month s.a.).

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  • France: Growth steady through Q1

    April 30, 2019

    France’s economy grew 0.3% quarter-on-quarter and in seasonally-adjusted terms in the first quarter, according to a first estimate released by the Statistical Institute (INSEE).

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