Survey on Industry, Services and Construction 2022Aug

Industry, market services and construction
Industry
Opinion on the outlook for industrial production*
Balance of opinions, SA-WDA
  • In industry, activity improved slightly in August. This improvement was driven by computer, electronic and optical products, wearing apparel, textiles and footwear, the automotive sector and other industrial products.

    According to business leaders, the rise in finished goods prices slowed again this month while still remaining high.

    Order books are stable, and above their long-term average.

    Business leaders expect activity to improve slightly in September, but the outlook remains increasingly uncertain.


Market Services
Opinion on the outlook for services activity*
Balance of opinions, SA-WDA
  • In market services, activity grew again in August. This improvement was seen in the majority of personal services (particularly food services and recreation services) while in business services, management consulting and legal and accounting services, and programming and consultancy activities reported significant growth. Rental activities fell back this month.

    Business leaders indicated that their prices were continuing to rise. Staff levels continued to grow at a sustained pace.

    Business leaders expect activity to continue to improve in September, but at a slower pace than in August.


Construction
Opinion on the outlook for construction activity*
Balance of opinions, SA-WDA
  • In construction, activity was relatively stable in August, in both structural and finishing works.

    Order books declined again but remained above their long-term average. For the fourth consecutive month, business leaders reported that the rise in quote prices slowed while still remaining high.

    Business leaders expect activity to rise sharply in September.


The figures for activity expectation are to interpret with caution due to some inconsistencies in the answers given this month.

* A positive (negative) balance of opinions corresponds to a rise (fall) in the evolution of activity. Balances of opinions may range from -200 to +200.




For further details, see
sectoral level information, the methodology, the publications calendar, the contacts and all statistical time series published by the Banque de France can be accessed WEBSTAT Banque de France

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Survey on Industry, Services and Construction
  • Published on 09/08/2022
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Published on Thursday, September 8, 2022