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. source: INSEE, France

Business Confidence in France increased to 105.20 points in January from 102.30 points in December of 2025. 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 February of 2026.

Business Confidence in France increased to 105.20 points in January from 102.30 points in December of 2025. Business Confidence in France is expected to be 102.00 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
2025-12-18 07:45 AM
Business Confidence
Dec 102 98 98 97
2026-01-23 07:45 AM
Business Confidence
Jan 105 102 101 102
2026-02-24 07:45 AM
Business Confidence
Feb 105 104


Related Last Previous Unit Reference
Business Climate Indicator 99.00 99.00 points Jan 2026
Business Confidence 105.20 102.30 points Jan 2026
Capacity Utilization 76.74 76.75 percent Dec 2025
Changes in Inventories -7574.00 -51.00 EUR Million Dec 2025
Industrial Production 2.10 1.80 percent Nov 2025
Industrial Production MoM -0.10 0.20 percent Nov 2025
Manufacturing Production 2.20 1.60 percent Nov 2025
Mining Production -7.10 -1.30 percent Nov 2025
New Orders -16.60 -20.20 points Dec 2025


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
105.20 102.30 125.20 65.80 1976 - 2026 points Monthly
SA

News Stream
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
France Industry Confidence Weakens in November
France’s manufacturing business climate indicator fell to 98 in November 2025 from 101 in October, moving below expectations and its long-term average of 100. Pessimism notably worsened for overall order books, which dropped to -20 from -15 in October, and for foreign orders, which fell to -15 from -4, mainly affecting other transport equipment. Optimism for personal production prospects eased to 14 from 19, though it remained well above the long-term average, while past production improved (-10 vs -13) but stayed below average. Positive sentiment about finished-goods inventories declined (16 vs 19), general production prospects remained weak at -10, and economic uncertainty held near 30. Workforce balances turned slightly negative (-1 vs 0), and expected selling price trends fell to 2 from 4. By sector, confidence rose in food products and beverages, increased in computer, electronic, and optical products, fell in transport equipment, and improved slightly in other manufacturing.
2025-11-21