Leading and composite indicators · France
France Business Climate Indicator
The France Business Climate Indicator combines several economic series for France into one index meant to show where the economy is (coincident) or where it is heading (leading).
- Importance
- Medium
- Publié
- Monthly
- Prochaine publication
- Devise
- EUR · euro
- Banque centrale
- The European Central Bank (with the Banque de France)
Derniers chiffres
La dernière publication, pour OCT, est parue le 2026-10-22 et s’est établie à 97. C’est au-dessus du consensus de 96. C’est plus que 96 la fois précédente.
A stronger figure than expected points to a healthier economy: it usually supports the euro and local stocks, and can push bond yields up.
Sur les 12 dernières publications, la valeur est allée de 94 à 99, avec une moyenne de 97.
| Publié | Pour | Réel | Consensus | Précédent |
|---|---|---|---|---|
| 22 Oct 2026 | OCT | 97 | 96 | 96 |
| 24 Sep 2026 | SEP | 96 | 98 | 98 |
| 21 Aug 2026 | AUG | 98 | 98 | 97 |
| 23 Jun 2026 | JUN | 94 | 95 | 93 ® |
| 22 May 2026 | MAY | 94 | 94 | 94 |
| 23 Apr 2026 | APR | 94 | 96 | 97 |
| 26 Mar 2026 | MAR | 97 | – | 97 |
| 24 Feb 2026 | FEB | 97 | – | 99 |
| 23 Jan 2026 | JAN | 99 | – | 99 |
| 18 Dec 2025 | DEC | 99 | – | 98 |
| 21 Nov 2025 | NOV | 98 | – | 97 |
| 23 Oct 2025 | OCT | 97 | – | 96 |
Pourquoi c’est important
No single statistic is reliable; a composite gives an early, smoother signal of turning points in the business cycle.
Mode de calcul
Components such as new orders, building permits, share prices, credit and jobless claims are standardised and averaged; the index is reported as a level and a change.
Ce que signifient les variations
- Several months of decline in a leading index have often preceded recessions, with false alarms.
- Markets usually react little because most components are already known.
Supérieur aux attentes : A stronger figure than expected points to a healthier economy: it usually supports the euro and local stocks, and can push bond yields up.
Inférieur aux attentes : A weaker figure than expected points to slowing activity: the euro tends to soften and markets price in lower rates.
Un bref historique
Wesley Mitchell and Arthur Burns at the National Bureau of Economic Research developed leading indicators in the 1930s; the Conference Board publishes the best-known US index today.
Questions
What is the France Business Climate Indicator?
The France Business Climate Indicator combines several economic series for France into one index meant to show where the economy is (coincident) or where it is heading (leading).
What was the latest France Business Climate Indicator?
97 for OCT, published on 22 October 2026 (consensus 96, previous 96).
When is the next France Business Climate Indicator?
On Friday 20 November 2026 at 07:45 UTC.
Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.