France Business Confidence October 2021

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France: Business confidence improves in October

October 21, 2021

Business confidence came in at 107.1 in October, up from September’s 106.6. As such, the index moved further above the 100-threshold, indicating optimism among businesses.

October’s improvement was largely attributed to easing pessimism over firms’ assessment of overall as well as foreign order books, against the backdrop of strong optimism with regards to their personal and general production expectations. That said, firms’ views on their finished-goods inventories turned pessimistic over the prior month.

FocusEconomics Consensus Forecast panelists see fixed investment expanding 11.7% in 2021, which is up 1.3 percentage points from last month’s forecast, and 4.2% in 2022, which is down 0.1 percentage points from last month’s estimate.


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France Business Confidence October 2021

Note: Value of monthly business sentiment indicator index; long-term avg. at 100.
Source: National Institute of Statistics and Economic Studies (INSEE).


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