The manufacturing climate indicator in France rose to 110 in July 2021, from an upwardly revised 108 in the previous month and above market expectations of 107. That was the highest level since April 2018, boosted by improvements in the balances of opinion on the overall and foreign order books, as well as the balance on the personal production expectations. Meanwhile, the general production prospects deteriorated and the balance on the expected trend in selling prices has fallen back after five months of sustained increase. source: INSEE, France

Business Confidence in France averaged 100.06 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 July of 2021.

Business Confidence in France is expected to be 111.00 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 106.00 in 12 months time. 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

Actual Previous Highest Lowest Dates Unit Frequency
110.00 108.00 124.00 67.00 1976 - 2021 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-22 06:45 AM Apr 104 99 99 98
2021-05-26 06:45 AM May 107 104 106 105
2021-06-24 06:45 AM Jun 107 107 109 110
2021-07-22 06:45 AM Jul 110 108 107 108
2021-08-26 06:45 AM Aug 110
2021-09-23 06:45 AM Sep
2021-10-22 06:45 AM Oct
2021-11-24 07:45 AM Nov


News Stream
French Industry Morale at Over 3-Year High
The manufacturing climate indicator in France rose to 110 in July 2021, from an upwardly revised 108 in the previous month and above market expectations of 107. That was the highest level since April 2018, boosted by improvements in the balances of opinion on the overall and foreign order books, as well as the balance on the personal production expectations. Meanwhile, the general production prospects deteriorated and the balance on the expected trend in selling prices has fallen back after five months of sustained increase.
2021-07-22
France Business Confidence Remains Strong
The manufacturing climate indicator in France was unchanged at 107 in June of 2021, the same as in the previous month and slightly lower than forecasts of 109. Still, the reading remained above its long-term average of 100 for the third consecutive month. Order books increased slightly (-9 vs -10 in May) and the general production outlook also improved (27 vs 19). However, expectations for selling prices reached the highest level ever (30 vs 25).
2021-06-24
France Business Confidence at 2-1/2-Year High
The manufacturing climate indicator in France increased to 107 in May of 2021 from 104 in April, beating market forecasts of 106. Confidence among manufacturers increased for the 6th consecutive month to the highest level since September of 2018, staying above pre-pandemic levels and the long-term average of 100. Gains were mainly driven by order books (-10 vs -15), general production expectations (18 vs 3) and personal production expectations (19 vs 12). Price pressures also intensified and the subindex reached levels not seen since 2011 (25 vs 17).
2021-05-26
France Business Confidence Back to Pre-Pandemic Levels
The manufacturing climate indicator in France surged to 104 in April of 2021 from an upwardly revised 99 in March, beating market forecasts of 99 and returning to pre-pandemic levels. It is the highest reading since May of 2019 and above the long-term average of 100. Gains were mainly driven by order books (-15 vs -23), past trend in production (19 vs 10) and prospects for personal production (12 vs 7). The business climate has improved in all major industrial branches but machinery and equipment goods reported the strongest reading (115).
2021-04-22

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.