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). 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 May of 2021.
Business Confidence in France is expected to be 106.00 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 102.00 in 12 months time. In the long-term, the France Business Confidence is projected to trend around 107.00 points in 2022 and 102.00 points in 2023, according to our econometric models.