
A measure of the prevailing sentiment among French business leaders. The Business Confidence Indicator is based on a survey querying expectations for new orders and impressions on the general economic situation. Increasing Business Confidence numbers usually accompany increases in business investment that lead to higher levels of output. The headline figure is the difference between positive and negative responses, as a percentage of the total number of answers, using 100 as the centerline for boom bust sentiment.
Relevance:
Rarely affects markets
Release schedule: 6:45 (GMT); monthly, end of every month
Source of report: National Institute for Statistics and Economic Studies (INSEE)
Web Address: http://www.insee.fr/en/home/home_page.asp
Address of release : http://www.insee.fr/en/indicateur/indic_conj/liste_indice.asp
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