FRANCE NEWS ECONOMY.COM          

Key Indicators

     2008

Q1 2008  

     2007

Q1 2007     more

Q2 2007    more

Q3 2007    more

Q4 2007    more

    2006

Q1 2006    more

Q2 2006    more

Q3 2006    more

Q4 2006    more

    2005

Q1 2005  more

Q2 2005    more

Q3 2005    more

Q4 2005   more

    2004

Q1 2004  more

Q2 2004    more

Q3 2004    more

Q4 2004   more

 EN FRANCAIS

   ECONOMIC CONFIDENCE INDICATORS : MAY 2007     

Strong Industrial Confidence expressed in April turned tepid in MAY as revealed by Insee’s BUSINESS CONFIDENCE SURVEY: overall stock levels stayed unchanged compared with the previous month. Expected output has fallen to 10 for the month of May (compared with a higher past production level of 15) but order books remain nearly full even though they have decreased and were expected to with no major impact.

Out of all sectors, Consumer Goods stocks fell the fastest (to 7 from 12) followed by the Food and Agriculture Industry (to 3 from 4). The Intermediate Goods sector succeeded in bringing stocks down to zero since mineral products stocks stayed within negative levels (-26 from -23) unlike textile stocks (to 29 from 8)

The Automobile Industry stock levels rose from 21 to 24 and Capital Goods to 18 from 13.

Out of ORDER BOOKS, both the Food and Agriculture Industry sectors and the Automobile Industry show confidence regarding foreign order books which they expect to grow respectively to 13 (from 10) and to 33 (from 29) The Capital Goods sector expects no change and maintains its foreign order books level at 9. By contrast, the Consumer Goods sector expects foreign order books to fall to 4 (from 8) along with the Intermediate Goods sector to -7 (from 2) and despite the Auto Industry’s confidence level.

Source: Insee

Source: Insee

Source: Insee

As regards GLOBAL order books, the Food and Agriculture Industry shows strong confidence and expects orders to grow to 6 (from - 2). All other sectors forecast global order books to fall but with no major impact. 

OUTPUT confidence levels stay mitigated for the coming period and the Automobile Industry’s survey shows that future output is expected to drop to -10 (from 15) Other sectors concede that production is expected to fall but no as drastically : the Intermediate Goods sector expects future output to remain unchanged at 12 from the previous month, Capital Goods to 22 (from 26) Consumer Goods to -1 (from 1) and the Food and Agriculture Industry to 15 (from 25)

Copyright FranceNewsEconomy.com, FNE.eu.com 2004-2008, All rights reserved.      Personal Data. About FNE.eu.com             

All analyses and commentaries are the sole responsibility of FranceNewsEconomy.com, FNE.eu.com