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Business climate in French manufacturing well above normal

Staff Writer | January 26, 2017
According to the business managers surveyed in January 2017, the business climate in industry holds steady at 106.
Business climate France
French economy   The highest level since August 2011
It stands at its highest level since August 2011, significantly above its long-term average (100).

In January 2017, the balance of opinion on past activity, has fallen back albeit remaining significantly above normal. That on personal production expectations, already above its mean in December, has improved further.

Business managers are increasingly upbeat on general production prospects for the sector. The corresponding balance, above its long-term average since February 2015, has climbed slightly again.

In January, while the balance on export order books has increased again and has reached its highest level since July 2011, that on global order books is virtually stable, above normal.

Finally, more industrialists than in December consider that finished-goods inventories are below normal: the corresponding balance, already below its long-term average, has slightly fallen back.