France Business Confidence

Last Release

Mar 31, 2024

Actual

102.3

Units In

Points

100.6

Frequency

Monthly

Next Release

Apr 19, 2024

Time to Release

26 Days 6 Hours

Highest	Lowest	Average	Date Range	Source
124 Jun 2000	67 Mar 2009	100.23 Points	1976-2024	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

The manufacturing climate indicator in France rose to 102 in March 2024, up from a revised 101 in February and compared to market estimates and long-term average of 100. It marked the highest reading in exactly a year, as manufacturers’ evaluations improved for past production (1 vs 0 in February), and personal production (10 vs 4). At the same time, views were less pessimistic for overall order books (-14 vs -17), and general production (-7 vs -8), while assessments were unchanged for finished goods inventory (7), foreign orders (-6), and expected change in workforce (3). On the other hand, the indicator gauging perceived economic uncertainty increased to 29 from 24 in February, while the trend in selling prices turned negative (-1 vs 0).