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.