The manufacturing climate indicator in France was unchanged at 98 in March of 2021, in line with forecasts and remaining at levels not seen since the coronavirus pandemic started one year ago although it is lightly below its long-term average of 100. Business managers have improved their opinion on past production (10 vs 4) and on general production prospects in industry (6 vs -7) although personal production prospects were assessed lower (5 vs 12). The business climate indicator stands above its long-term level in nearly all branches of the industrial sector, except for the manufacture of transport equipment where the climate remains very gloomy. source: INSEE, France

Business Confidence in France averaged 100.05 points from 1976 until 2021, reaching an all time high of 124 points in June of 2000 and a record low of 67 points in March of 2009. 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 - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.

Business Confidence in France is expected to be 99.00 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 101.00 in 12 months time. In the long-term, the France Business Confidence is projected to trend around 107.00 points in 2022 and 102.00 points in 2023, according to our econometric models.

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France Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
98.00 98.00 124.00 67.00 1976 - 2021 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-12-17 07:45 AM Dec 93 92 93 93
2021-01-21 07:45 AM Jan 98 94 94 95
2021-02-24 07:45 AM Feb 97 96 99 98
2021-03-25 07:45 AM Mar 98 98 98 99
2021-04-22 06:45 AM Apr 98 97
2021-05-26 06:45 AM May
2021-06-24 06:45 AM Jun
2021-07-23 06:45 AM Jul


News Stream
France Business Confidence Steady in March
The manufacturing climate indicator in France was unchanged at 98 in March of 2021, in line with forecasts and remaining at levels not seen since the coronavirus pandemic started one year ago although it is lightly below its long-term average of 100. Business managers have improved their opinion on past production (10 vs 4) and on general production prospects in industry (6 vs -7) although personal production prospects were assessed lower (5 vs 12). The business climate indicator stands above its long-term level in nearly all branches of the industrial sector, except for the manufacture of transport equipment where the climate remains very gloomy.
2021-03-25
French Industry Morale at 11-Month High
The manufacturing climate indicator in France rose to 97 in February of 2021 from a downwardly revised 96 in January and compared to forecasts of 99. It was the highest reading since March but it remained below pre-pandemic levels and the long-term average of 100. The slight improvement mainly reflects the better opinion of manufacturers on their order books (-25 vs -29 in January) and their personal production prospects (10 vs 8), confirming the rebound following the exit from the second lockdown. Meanwhile, expectations regarding employment remained essentially unchanged (-8 vs -7).
2021-02-24
French Industry Morale at 10-Month High
The industry climate indicator in France increased by 4 points from a month earlier to 98.0 in January 2021, reaching its highest level since March last year and easily beating market consensus of 94.0. There were improvement in the balance of opinion on overall order books (-25 vs -32 in December) and to a lesser extent, in the past production assessment (12 vs 5). However, the balance of opinion on general production prospects fell (-9 vs -5).
2021-01-21
France Business Confidence Rises for 1st Time in 4 Months
The manufacturing climate indicator in France edged up to 93 in December of 2020 from 92 in November, matching market forecasts. The reading remained below pre-pandemic levels and the long-term average of 100, but increased for the first time in 4 months due to the gradual exit from the second coronavirus lockdown. Personal production expectations (1 vs -10), general production prospects (-4 vs -39) and expected workforce size (-9 vs -14) have contributed positively to gains in the general confidence index.
2020-12-17

France Business Confidence
In France, Business Climate measures industrial entrepreneurs’ sentiment about current business situation and expectation about business conditions. The survey sample comprises about 4,000 enterprises in the manufacturing and mining industries. 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.