France’s manufacturing business climate indicator edged down to 102 in February 2026 from 105 in January, below expectations of 104, but remained above its long-term average of 100. Production-related balances weakened, with personal production prospects dropping sharply to 10 from 18, though remaining above average, while general production prospects slipped to -6 from -4. The balance for past production also declined to 3, moving slightly below its norm. Order books deteriorated, with overall orders falling to -16 from -11, while foreign orders were unchanged at -6, remaining well above average. Finished-goods inventories rebounded slightly to 9 but stayed below historical levels. Workforce balances declined for both past and expected employment, although expectations remained above average. Selling price expectations rose to 5 (vs 2), returning above their long-term norm, while economic uncertainty eased marginally but remained elevated (32 vs 33). source: INSEE, France

Business Confidence in France decreased to 102 points in February from 105 points in January of 2026. Business Confidence in France averaged 100.01 points from 1976 until 2026, reaching an all time high of 125.20 points in June of 2000 and a record low of 65.80 points in March of 2009. This page provides the latest reported value for - France Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. France Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.

Business Confidence in France decreased to 102 points in February from 105 points in January of 2026. Business Confidence in France is expected to be 98.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the France Business Confidence is projected to trend around 105.00 points in 2027 and 102.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-23 07:45 AM
Business Confidence
Jan 105 102 101 102
2026-02-24 07:45 AM
Business Confidence
Feb 102 105 104 104
2026-03-26 07:45 AM
Business Confidence
Mar 102 98


Related Last Previous Unit Reference
Business Climate Indicator 97.00 99.00 points Feb 2026
Business Confidence 102.00 105.00 points Feb 2026
Capacity Utilization 76.51 76.58 percent Feb 2026
Changes in Inventories -6322.00 -500.00 EUR Million Dec 2025
Industrial Production 2.40 1.60 percent Jan 2026
Industrial Production MoM 0.50 -0.50 percent Jan 2026
Manufacturing Production 2.70 2.10 percent Jan 2026
Mining Production -2.00 -8.40 percent Jan 2026
New Orders -16.30 -10.70 points Feb 2026


France Business Confidence
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.
Actual Previous Highest Lowest Dates Unit Frequency
102.00 105.00 125.20 65.80 1976 - 2026 points Monthly
SA

News Stream
France Industry Confidence Below Expectations
France’s manufacturing business climate indicator edged down to 102 in February 2026 from 105 in January, below expectations of 104, but remained above its long-term average of 100. Production-related balances weakened, with personal production prospects dropping sharply to 10 from 18, though remaining above average, while general production prospects slipped to -6 from -4. The balance for past production also declined to 3, moving slightly below its norm. Order books deteriorated, with overall orders falling to -16 from -11, while foreign orders were unchanged at -6, remaining well above average. Finished-goods inventories rebounded slightly to 9 but stayed below historical levels. Workforce balances declined for both past and expected employment, although expectations remained above average. Selling price expectations rose to 5 (vs 2), returning above their long-term norm, while economic uncertainty eased marginally but remained elevated (32 vs 33).
2026-02-24
France Industry Confidence Strongest Since 2022
France’s manufacturing business climate indicator rose to 105 in January 2026 from 102 in December, above forecasts of 101 and remaining above its long-term average of 100 for a second month. This marked the highest reading since July 2022, as optimism strengthened for personal production prospects (17 vs 10 in December), while pessimism eased for general production prospects (-4 vs -6), and overall order books (-11 from -17). In contrast, views weakened for finished-goods inventories (8 vs 19), while foreign orders (-6), past production (7), and economic uncertainty (33) remained stable. Workforce balances also stayed mildly negative. By sector, confidence surged in “other manufacturing” and transport equipment, rose modestly in food and beverages, and slipped in machinery and equipment goods. Supply constraints persisted, with 18% citing sourcing issues, 14% workforce shortages, 24% supply-only, and 24% demand-only obstacles.
2026-01-23
France Industry Confidence Highest in Over 1½ Years
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.
2025-12-18