France Business Confidence December 2016

France

France: Business sentiment soars to highest reading in over five years

December 16, 2016

According to the National Institute of Statistics and Economic Studies’ (INSEE) business climate survey on manufacturing activity, the French business confidence indicator jumped from 102 points in November to 106 points in December. The reading beat market expectations of 102 points and marked the highest print in almost five and a half years. The indicator remains above the 100-point long-term average, which is the benchmark measure the INSEE uses to distinguish between improving and worsening business expectations.

According to the INSEE, the result reflected businesses’ broad-based optimistic outlook on the economy. Looking at the details, general production and individual production expectations both rose. Past activity and global order books rose to the highest level since July 2011.

FocusEconomics Consensus Forecast panelists expect fixed investment to expand 2.0% in 2017, which is up 0.1 percentage points from last month’s forecast. For 2018, participants expect fixed investment to expand 2.1%.


Author: Jean-Philippe Pourcelot, Economist

Sample Report

Looking for forecasts related to Business Confidence in France? Download a sample report now.

Download

France Business Confidence Chart


France Business Confidence December 2016

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

  • 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).

    Read more

  • France: Private-sector activity deteriorates in March

    April 3, 2019

    In March, the seasonally-adjusted IHS Markit Flash Composite Purchasing Managers’ Index (PMI) dipped back below the 50.0-point threshold, landing at 48.9 points from 50.4 points a month earlier and signaling a deterioration in private-sector activity. March’s reading reflected a drop in output across both the manufacturing and services sectors.

    Read more

  • France: Consumer confidence inches up in March

    March 27, 2019

    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.

    Read more

  • France: Business confidence stabilizes through Q1

    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).

    Read more

  • 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.).

    Read more

More news

Search form