France Business Confidence

Last Release

Aug 31, 2025

Actual

96.4

Units In

Points

96.1

Frequency

Monthly

Next Release

Sep 19, 2025

Time to Release

24 Days 22 Hours

Highest	Lowest	Average	Date Range	Source
124 Jun 2000	67 Mar 2009	100.14 Points	1976-2025	N/A

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.

Latest Updates

France’s manufacturing climate indicator stayed at 96 in August 2025, unchanged from July’s six-month low and below the long-term average of 100. Sentiment was weighed by weak personal production prospects (-5 vs -4) and general production expectations (-12, stable for the third month). Overall order books remained subdued (-21 vs -20), while finished goods inventories fell sharply (10 vs 16), moving back below average. Workforce size balances stayed weak at -2, though workforce shortages rose (12 vs 9). On supply constraints, only 21% of firms reported obstacles, the lowest since 2017 excluding COVID. Foreign demand improved slightly (-17 vs -18), while the expected trend in selling prices eased (2 vs 5), the lowest since September 2024. Economic uncertainty also declined (27 vs 31). By sector, sentiment plunged in food and beverages (92), weakened in machinery and electronics, improved in transport equipment, and held steady in other manufacturing.