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The business climate indicator: an updated tool for assessing the state of the economy

Published on 9th of June 2026

No post 453. Monitoring the state of the economy in real time is a key challenge in the analysis of economic conditions. Drawing on its monthly surveys, the Banque de France has updated its business climate indicators, which provide a quick and directly interpretable overview of business activity Over the recent period, the aggregate indicator points to positive – but below trend rate – growth.

Updated on the 9th of June 2026