The manufacturing climate indicator in France rose to 109 in November of 2021 from 107 in each of the previous 2 months, beating market forecasts of 106. The increase is mainly explained by improvements in foreign order-books (-3 vs -15 in October), namely for transport equipment and personal expected production (20 vs 17). At the same time, selling prices are seen rising sharply (47 vs 27). source: INSEE, France

Business Confidence in France averaged 100.08 points from 1976 until 2021, 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 November of 2021.

Business Confidence in France is expected to be 104.00 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 2022 and 102.00 points in 2023, according to our econometric models.

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France Business Confidence


Calendar GMT Actual Previous Consensus TEForecast
2021-10-21 06:45 AM Oct 107 107 105 105
2021-11-24 07:45 AM Nov 109 107 106 105
2021-12-16 07:45 AM Dec 109 104


Related Last Previous Unit Reference
Business Confidence 109.00 107.00 points Nov/21
Industrial Production Mom -1.30 1.00 percent Sep/21
Industrial Production 0.80 3.90 percent Sep/21
Manufacturing Production 0.10 4.10 percent Sep/21
Capacity Utilization 76.22 79.12 percent Oct/21
New Orders -6.40 -8.60 points Oct/21
Business Climate Indicator 114.00 112.00 points Nov/21
Changes In Inventories 995.00 7454.00 EUR Million Sep/21
Mining Production 0.90 -2.00 percent Sep/21

News Stream
France Business Confidence Improves
The manufacturing climate indicator in France rose to 109 in November of 2021 from 107 in each of the previous 2 months, beating market forecasts of 106. The increase is mainly explained by improvements in foreign order-books (-3 vs -15 in October), namely for transport equipment and personal expected production (20 vs 17). At the same time, selling prices are seen rising sharply (47 vs 27).
2021-11-24
France Business Confidence Beats Estimates
The manufacturing climate indicator in France stood at 107 in October of 2021, unchanged from an upwardly revised figure in the previous month and beating market expectations of 105. It remained the lowest reading since May, but remained above its long-term average of 100. The balances of opinions on the overall order books bounced back after declining during the past two months (-6 from -9), while workforce size expectations was stable (10 from 10). Meanwhile, the manufacturers’ opinion on their past production dropped slightly (11 from 12 in September). At the same time, personal production expectations also diminished (17 from 18), with lower general production expectations (21 from 22). Meantime, the outlook of the trend in selling prices was virtually stable (27 from 28), well above its average.
2021-10-21
French Industry Morale Falters in September
The manufacturing climate indicator in France retreated to 106 in September of 2021, from 110 in the previous month and below market expectations of 109. It was the lowest reading since April but remained above its long-term average of 100. The decrease was primarily attributed to marked drops in the balances of opinion business managers had on past production (12 from 21 in August) and foreign order books (-19 from -11). Personal production expectations also diminished markedly (19 from 24), which contrasted with higher general production expectations (23 from 16) and workforce size (10 from 8). Meanwhile, the outlook of the trend in selling prices remained on a moderate growth path (27 from 26), after climbing one point in the prior month.
2021-09-23

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.