France’s overall business climate rose to 97 in October 2026, above expectations and September’s 96, and moving closer to its long-term average of 100. The improvement was driven mainly by manufacturing, where the indicator climbed four points to 105, its highest level among the main sectors, supported by stronger global and foreign order books. The services climate also edged up to 99 from 98, moving closer to its long-term average. Meanwhile, retail trade deteriorated, with the indicator falling three points to 93, further below its long-term average, mainly due to a sharp decline in general business outlook. Construction weakened as well, with the indicator slipping one point to 95 as contractors’ views of past activity worsened despite improved expectations for future activity. The employment climate fell three points to 95. source: INSEE, France

Business Climate Indicator in France increased to 97 points in October from 96 points in September of 2026. Business Climate Indicator in France averaged 100.03 points from 1977 until 2026, reaching an all time high of 121.00 points in December of 1999 and a record low of 46.00 points in April of 2020. This page provides - France Business Climate Composite Indicator- actual values, historical data, forecast, chart, statistics, economic calendar and news. France Business Climate Composite Indicator - data, historical chart, forecasts and calendar of releases - was last updated on November of 2026.

Business Climate Indicator in France increased to 97 points in October from 96 points in September of 2026. Business Climate Indicator in France is expected to be 96.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the France Business Climate Composite Indicator is projected to trend around 99.00 points in 2027 and 101.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-24 06:45 AM
Business Climate Indicator
Sep 96 98 98 97
2026-10-22 06:45 AM
Business Climate Indicator
Oct 97 96 96 96
2026-11-20 07:45 AM
Business Climate Indicator
Nov 98 96


Related Last Previous Unit Reference
Business Climate Indicator 97.00 96.00 points Oct 2026
Business Confidence 105.30 101.30 points Oct 2026
Capacity Utilization 76.61 76.73 percent Oct 2026
Changes in Inventories -2477.00 -2337.00 EUR Million Sep 2026
Industrial Production -1.30 0.20 percent Sep 2026
Industrial Production MoM -0.50 -0.40 percent Sep 2026
Manufacturing Production -0.70 -0.20 percent Sep 2026
Mining Production -6.20 -6.20 percent Sep 2026
New Orders -10.50 -15.80 points Oct 2026


France Business Climate Composite Indicator
In France, the Business Climate Composite Indicator summarizes the information provided by the surveys in manufacturing, services, trade (retail and wholesale), and construction. The business climate is built from 26 balances of opinion from these surveys.
Actual Previous Highest Lowest Dates Unit Frequency
97.00 96.00 121.00 46.00 1977 - 2026 points Monthly
NSA

News Stream
France Business Climate Improves in October
France’s overall business climate rose to 97 in October 2026, above expectations and September’s 96, and moving closer to its long-term average of 100. The improvement was driven mainly by manufacturing, where the indicator climbed four points to 105, its highest level among the main sectors, supported by stronger global and foreign order books. The services climate also edged up to 99 from 98, moving closer to its long-term average. Meanwhile, retail trade deteriorated, with the indicator falling three points to 93, further below its long-term average, mainly due to a sharp decline in general business outlook. Construction weakened as well, with the indicator slipping one point to 95 as contractors’ views of past activity worsened despite improved expectations for future activity. The employment climate fell three points to 95.
2026-10-22
France Business Climate Deteriorates in September
France’s overall business climate fell to 96 in September 2026 from 98 in the previous month and moving further below its long-term average of 100. The decline was driven mainly by retail trade, where the indicator dropped five points to 94, as order intentions, the overall business outlook and past sales assessments weakened. The services climate also edged down to 98 from 99, with demand, activity and expected staffing balances declining, while wholesale trade fell two points to 93 as past export sales and order intentions weakened. Meanwhile, the business climate in industry remained stable at 101, slightly above its long-term average, with stronger past and expected production offsetting weaker overall order books. Construction was also unchanged at 96, as improved views of past activity offset weaker business outlooks. The employment climate fell one point to 98.
2026-09-24
France Business Climate Improves Again
France’s overall business climate improved for a third month in a row to 98 in August 2026 from 95 in the previous month, reaching its highest level since March and moving closer to its long-term average of 100. Retail trade saw the largest gain, with its climate indicator rising to 99 from 96, almost reaching its long-term average, supported by stronger ordering intentions and assessments of past sales. Manufacturing sentiment also strengthened (103 vs 101), mainly due to a sharp improvement in personal production prospects. The services climate edged up to 100 from 99, reaching its long-term average as assessments of past and future activity and expected demand improved. Meanwhile, the building construction climate remained unchanged at 96, below its long-term average, as improved expectations for future activity offset stable assessments of past activity. The employment climate was unchanged at 99.
2026-08-21