France Business Confidence March 2021


France: Business confidence steady in March

March 25, 2021

Business confidence came in at 98 in March, matching February’s result, which had marked the highest reading in eleven months. Consequently, the index remained below the 100-theshold, which represents its long-term average.

With regards to demand, although firms’ personal production expectations weakened from the previous month, their general production expectations improved markedly. Meanwhile, their employment intentions turned less pessimistic in March compared to February. Lastly, however, firms’ perception of new export order books as well as overall order books became more pessimistic from the previous month.

FocusEconomics Consensus Forecast panelists see fixed investment expanding 8.6% in 2021, which is up 1.6 percentage points from last month’s forecast, and 4.1% in 2022.

Author:, Economist

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France Business Confidence Chart

France Business Confidence March 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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