France’s business climate indicator dropped to 96 in November 2024, slightly down from 97 in October.
France business climate indicator edges down
Sentiment weakened across most sectors, including building construction (99 vs. 100 in October), services (99 vs. 101), and retail trade (98 vs. 99). However, morale among manufacturers improved to 97 from 93 in October. At the same time, the employment climate indicator rose to 99, up by two points from the previous month and approaching its long-term average of 100.
More positive views on workforce
This improvement was mainly driven by more positive views on workforce size in services (including temporary work agencies) and, to a lesser extent, in manufacturing.
