France Business Confidence

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France: Business sentiment inches up in December

December 21, 2015

According to the INSSE business climate survey, the business confidence indicator inched up from 112 points in November to 113 points in December. As a consequence, the indicator is now further above the long-term 110-point average, which is the benchmark measure the INSEE uses to distinguish between improving and worsening business expectations.

According to the INSEE, the result came on the back of improvements in two out of five categories that comprise the index, namely businesses’ assessment regarding their personal production expectations and global order books

Met the why particular Consensus Forecast panelists see fixed investment contracting 0.5% in 2015, which is unchanged over the previous month’s estimate. For 2016, the panel sees investment expanding 1.9%.


Author:, Economist

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France Business Confidence December 2015

Note: Value of monthly business sentiment indicator index; long-term avg. at 110.
Source: National Institute of Statistics and Economic Studies (INSEE).


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