The economic climate is the state of the economy at a given point in time and its expected evolution over the short term. It can be analysed for an individual country, group of countries, region or economic sector.
To assess the economic climate, we analyse the different components of the economy, including output, employment, the trade balance, the level of prices and purchasing power. We do this using economic indicators such as the rate of growth in gross domestic product (GDP), the unemployment rate and inflation rate.
Each month the Banque de France produces a complete analysis of the French economy, together with assessments by sector and by region. These consist of indicators and short-term forecasts.
The Banque de France’s regional branches conduct a monthly survey, questioning some 10,000 business leaders on economic conditions over the previous month. The responses are compiled into a report and used to make short-term GDP forecasts for France.
Once a month, the Banque de France carries out an assessment of the industrial sector (14 sub-sectors), market services (11 sub-sectors), and construction and public works. These are used to monitor economic developments in each sector, and provide additional detail for the national assessment.
These are summaries of data collected monthly from several hundred business leaders in each region. They show the main economic trends in industry, market services and construction.
Updated on 27 August 2024