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- French business climate has raised slightly in September
French business climate has raised slightly in September
According to the report from Insee, in September 2019, the business climate has gained one point, compared to August. The composite indicator, compiled from the answers of business managers in the main sectors, stands at 106, above its long-term mean (100). Compared to the previous survey, the business climate indicator has bounced back by four points in retail trade and has gained one point in services and in building construction. It has lost one point in manufacturing industry, and, compared to July, in wholesale trade. The business climate is above its long-term mean in all those sectors.
In September 2019, the employment climate has improved very slightly after having edged down in the previous month: the associate composite indicator stands at 106, above its long-term mean. The decrease in the balance of opinion on past change in workforce size in non-interim services is offset by increases in the balances in the other sectors, in particular with regard to the projected staffing in temporary employment agencies and in retail trade.
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