The French industrial sentiment indicator edged up to 104 in May 2019 from a near three-year low of 101 in the previous month and above market expectations of 101. It was the highest reading since November 2018, as the balance of industrialists’ opinion on their past activity rose (3 vs 0 in April) and that on their personal production expectations increased sharply (13 vs 6). In addition, manufacturers were much more optimistic about the general production prospects for the sector (4 vs -2) while they reported a slightly improvement in export orders books (-9 vs -10). Regarding employment, the balance of opinion on past workforce size has decreased (4 vs 7), while that on expected workforce was stable (at 2). Business Confidence in France averaged 100.03 Index Points from 1976 until 2019, reaching an all time high of 124 Index Points in June of 2000 and a record low of 66 Index Points in March of 2009.

Business Confidence in France is expected to be 103.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in France to stand at 102.00 in 12 months time. In the long-term, the France Business Confidence is projected to trend around 107.00 Index Points in 2020, according to our econometric models.

France Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-21 07:45 AM Business Confidence 103 103 102 102
2019-03-26 07:45 AM Business Confidence 102 103 103 102
2019-04-24 06:45 AM Business Confidence 101 103 102 101
2019-05-23 06:45 AM Business Confidence 104 101 101 100
2019-06-25 06:45 AM Business Confidence 104 101 103
2019-07-24 06:45 AM Business Confidence 102
2019-08-23 06:45 AM Business Confidence 100


France Business Last Previous Highest Lowest Unit
Business Confidence 104.00 101.00 124.00 66.00 Index Points [+]
Manufacturing PMI 50.60 50.00 58.80 42.70 [+]
Services PMI 51.50 50.50 62.90 40.20 Index Points [+]
Composite Pmi 51.20 50.10 60.30 41.90 Index Points [+]
Industrial Production 1.10 -0.70 12.10 -19.50 percent [+]
Industrial Production Mom 0.40 -1.10 4.00 -5.00 percent [+]
Manufacturing Production 0.50 0.60 68.90 -27.10 percent [+]
Capacity Utilization 84.40 85.00 90.30 71.40 percent [+]
New Orders -8.40 -12.70 26.00 -65.20 Index Points [+]
Bankruptcies 312.00 313.00 811.00 183.00 Companies [+]
Zew Economic Sentiment Index -4.20 -1.60 79.80 -63.90 [+]
Car Registrations 174776.00 175303.00 248642.00 99444.00 [+]
Internet Speed 10756.57 10015.55 10756.57 3070.86 KBps [+]
IP Addresses 29887339.00 27078127.00 29887339.00 14688459.00 IP [+]
Mining Production -0.80 7.50 24.50 -27.60 percent [+]
Steel Production 1287.57 1382.67 2466.00 643.00 Thousand Tonnes [+]
Changes In Inventories 4160.00 2575.00 8609.00 -5673.00 EUR Million [+]
Competitiveness Index 78.01 77.40 78.01 5.05 Points [+]
Competitiveness Rank 17.00 18.00 23.00 15.00 [+]
Car Production 2269600.00 2227000.00 3701870.00 1740220.00 Units [+]
Ease of Doing Business 32.00 31.00 38.00 26.00 [+]
Electricity Production 53382.00 53011.00 61424.00 31896.00 Gigawatt-hour [+]
Corruption Index 72.00 70.00 75.00 63.00 Points [+]
Corruption Rank 21.00 23.00 26.00 18.00 [+]


France Business Confidence

In France, the Business Climate Indicator measures entrepreneurs’ sentiment about current business situation and expectation about business conditions. The survey covers business leaders of the main economic sectors. The indicator is calculated using factor analysis technique. The index is then calculated in a way to measure the current sentiment in relation to the historic index values of the period 1993-2011. A value over 110 indicates unusually high optimism and a value under 90 indicates unusually high pessimism. The value 100 indicates neutrality. This page provides the latest reported value for - France Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. France Business Confidence - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
104.00 101.00 124.00 66.00 1976 - 2019 Index Points Monthly
SA




Country Last Previous
Australia 7.00 May/19
Brazil 56.90 Jun/19
Canada 55.90 May/19
China 49.40 May/19
Euro Area 0.30 May/19
France 104.00 May/19
Germany 97.90 May/19
India 113.50 Jun/19
Indonesia 102.10 Mar/19
Italy 102.00 May/19
Japan 12.00 Mar/19
Mexico 52.40 May/19
Netherlands 4.70 May/19
Russia -1.00 May/19
Saudi Arabia 3.00 Jun/16
Singapore 1.00 Mar/19
South Africa 28.00 Jun/19
South Korea 76.00 May/19
Spain -3.30 May/19
Switzerland 94.40 May/19
Turkey 98.90 May/19
United Kingdom -13.00 Jun/19
United States 52.10 May/19


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