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FR: Business Climate Indicator
| Actual | Previous | Revised | |
| Index | 96 | 103 | 98 |
Highlights
France's business climate indicator fell to 96 in September from 98 in August, ending a run of three consecutive monthly increases. The indicator stood at 97 in July, down from an originally reported 103.
The manufacturing industry climate was unchanged at 101 in September, the same level as in July and August. It stood at 100 in June and 102 in May.
The retail trade climate recorded the largest decline among the sectors, falling 5 points to 94 in September from 99 in August. It was the lowest reading since June, when the indicator stood at 91. The retail climate had risen in each of the three preceding months, from 89 in May to 91 in June, 96 in July and 99 in August.
The services climate eased to 98 in September from 99 in August, having held at 99 in July. The indicator stood at 96 in June and 95 in May.
The building construction climate held steady at 96 for a third consecutive month. It was 95 in June and 96 in May.
The wholesale trade climate, which is surveyed every two months, fell to 93 in September from 95 in July. It stood at 97 in May, marking a second consecutive decline.
The employment climate slipped to 98 in September from 99 in August, having held at 99 in July. The indicator stood at 98 in June and 95 in May.
September's decline in the overall indicator reflected lower readings in retail trade, services and wholesale trade, while the manufacturing industry and building construction climates were unchanged from August. The overall index remained above its May and June levels but below its July and August readings.