The French manufacturing industry climate indicator increased for the 5th month to 96 points September of 2020 from a downwardly revised 92 in August and above market forecasts of 95. Still, it improved at a slower pace than before and remains below pre-pandemic levels and the long-term average of 100. The balance of opinions related to past production and overall order-books increased but gains were limited by a sharp fall in the balance of opinion on personal production expectations.

Business Confidence in France averaged 100.05 points from 1976 until 2020, reaching an all time high of 124 points in June of 2000 and a record low of 67 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 October of 2020. source: INSEE, France

Business Confidence in France is expected to be 93.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in France to stand at 93.00 in 12 months time. In the long-term, the France Business Confidence is projected to trend around 97.00 points in 2021 and 100.00 points in 2022, according to our econometric models.

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France Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
96.00 92.00 124.00 67.00 1976 - 2020 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-24 06:45 AM Jun 77 71 80 79
2020-07-23 06:45 AM Jul 82 78 85 83
2020-08-27 06:45 AM Aug 93 82 85 85
2020-09-24 06:45 AM Sep 96 92 95 93
2020-10-22 06:45 AM Oct 96
2020-11-24 07:45 AM Nov
2020-12-17 07:45 AM Dec 92


News Stream
France Business Confidence Continues to Rebound
The French manufacturing industry climate indicator increased for the 5th month to 96 points September of 2020 from a downwardly revised 92 in August and above market forecasts of 95. Still, it improved at a slower pace than before and remains below pre-pandemic levels and the long-term average of 100. The balance of opinions related to past production and overall order-books increased but gains were limited by a sharp fall in the balance of opinion on personal production expectations.
2020-09-24
France Manufacturing Confidence Remains Weak
The French manufacturing industry climate indicator increased for the 4th month to 93 points August of 2020 from 82 in July. It is the highest reading since March but remains below pre-pandemic levels and the long-term average of 100. The balance of opinion related to the past three months change in production surged while the general lockdown period has moved further back. The balances related to order books levels have also recovered, but remain far below their average.
2020-08-27
France Business Confidence Below Forecasts
The French manufacturing industry climate indicator increased to 82 points July of 2020 from an upwardly revised 78 in June. It is the highest reading in four months although figures came below market forecasts of 85. The balance of opinion related to past production improved markedly and new orders perceptions also went up a bit. However, the general reading remains very far below its long term average of 100, mainly due to the coronavirus pandemic.
2020-07-23
France Manufacturing Confidence Below Forecasts
The French manufacturing industry climate indicator increased to 77 points June of 2020 from an upwardly revised 71 in May. It is the highest reading in three months although figures came below market forecasts of 80. The balances of opinion related to production prospects have bounced back markedly. Especially, the one related to personal production prospects has moved above its average. However, the general reading remains very far below its long term average of 100, mainly due to the coronavirus pandemic.
2020-06-24

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.