Survey on Manufacturing Industry, Services and Building 2019Dec

Business survey December 2019

Manufacturing industry, market services and construction
According to the monthly index of business activity (MIBA), GDP is expected to increase by 0.2% in the fourth quarter of 2019 (third estimate, unchanged).
In the manufacturing industry, the business sentiment indicator* stood at 97 in December as in November.
  • In December, industrial production grew at a slow pace. Activity was robust in agri-food and IT and electronic products but declined in electronic equipment.

    Order books continued to weaken.

    Business leaders expect industrial production to stabilise in January.

Opinion on the outlook for industrial production**
Balance of opinions, SA-WDA
In services, the business sentiment indicator* stood at 97 in December, after 99 in November.
  • Service sector activity slowed significantly in December. Accommodation and catering, in particular, suffered from the strikes but business services held up
    well.

    Business leaders expect stronger growth in service sector activity in January.
Opinion on the outlook for services activity**
Balance of opinions, SA-WDA
In construction,the business sentiment indicator* stood at 105 in December, after 105 in November.
  • Construction sector activity was up slightly in December, with the decline in finishing works partly offset by a stronger performance in structural works.

    Order books remained strong.

    Business leaders expect a rebound in construction sector activity in January.
Opinion on the outlook for construction activity**
Balance of opinions, SA-WDA
* Calculations are based on survey data, SA-WDA and smoothed over five months

** A positive (negative) balance of opinions corresponds to a rise (fall) in the evolution of actvity



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

Download the PDF version of this document

Survey on Manufacturing Industry, Services and Building
  • Published on 01/10/2020
  • 3 pages
  • EN
  • PDF (417.91 KB)
Download (EN)

Additional links

Banque de France

Sectoral Level

  • Published on 01/10/2020
  • 12 pages
  • EN
  • PDF (932.69 KB)
Download

Published on Friday, January 10, 2020