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- French business climate improve slightly in March
French business climate improve slightly in March
According to the report from Insee, in March 2019, the business climate is slightly more favorable than in February. The composite indicator, compiled from the answers of business managers in the main sectors, has gained one point: it stands at 104, above its long-term mean (100). Compared to the previous survey, the business climate indicator is stable or virtually stable in services, retail trade, manufacturing industry and building construction. It has bounced back by eight points in wholesale trade, compared to the bimonthly survey of January. The business climate is above its long-term mean in all those sectors.
In March 2019, the employment climate has improved again a little, after a more marked increase in February: the associated composite indicator has gained one point and stands at 108, well above its long-term average. This improvement is due mainly to the increase in the balance of opinion on expected workforce size in the service sector excluding temporary work agencies.
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