France Business Confidence

Last Release

Dec 31, 2025

Actual

102.3

Units In

Points

98.1

Frequency

Monthly

Next Release

Jan 23, 2026

Time to Release

1 Months 3 Days 1 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 business climate indicator rose to 102 in December 2025 from 98 in November, moving back above its long-term average of 100 and marking the highest level since March 2024. Sentiment improved notably, with past production turning positive (8 vs -10 in November), personal production prospects remaining above average despite easing to 11 from 14, and foreign order books improving to -6 from -16. On the downside, overall order books remained weak at -17, while finished-goods inventories increased further (19 vs 17), pointing to persistent stock pressures. Workforce balances stayed mildly negative, with expected employment steady at -1, and economic uncertainty edged up to 33, the highest level this year. By sector, confidence rebounded strongly in transport equipment and improved modestly in machinery and equipment goods, while it fell sharply in food products and beverages and slipped slightly in other manufacturing, remaining below its long-term average.