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France business credit annual growth by sector: industry

France business credit annual growth by sector: industry stood at -0.9% in Aug 2026, according to ECB Data Portal – Balance sheet items of monetary financial institutions (BSI), France. It is one of the indicators in the Bank credit outstanding table (Value · Monthly), with a complete series running from Mar 2013 to Aug 2026. The complete series with an interactive chart, free to download.

Source: ECB Data Portal – Balance sheet items of monetary financial institutions (BSI), FranceLast updated: Curated by Bui Thanh Phuc
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This indicator in the Bank credit outstanding table

Indicator08-202607-202606-202605-202604-202603-202602-202601-202612-202511-2025
Mobilised and mobilisable credit, annual growth rate, by sector
Industry-0.92.50.721.11.9-1.1-2.7-0.8-0.4
Manufacturing-3.7-2.4-2.1-2.9-4.2-2.7-3.8-3.3-3.1-1.4

Understanding france business credit annual growth by sector: industry

The twelve-month percentage change in outstanding bank financing provided to the broad industrial sector is quantified by this metric. The measure encompasses enterprises involved in resource extraction, energy production, water supply, and physical goods manufacturing, aggregating heavy industrial credit dynamics. Service-oriented activities and purely financial corporations are excluded from this industrial classification.

This growth rate serves as a barometer for capital expenditure and heavy operational funding across foundational goods producers, independent of short-term retail trends. Analysts should interpret the figures with awareness of global commodity price shifts and supply chain disruptions, which frequently alter the working capital requirements of industrial firms. Comparing this aggregate with specific sub-sectors like manufacturing reveals whether credit expansion is broad-based or concentrated in specific heavy industries.

Frequently asked questions

Does this industrial aggregate include energy and utility companies?
Mining, utilities, and manufacturing are all incorporated under the broad industrial credit umbrella.
How do global commodity cycles affect this growth rate?
Fluctuating raw material costs alter the short-term working capital needs of heavy industries, impacting their demand for bank credit.
Is this series adjusted for price inflation within the industrial sector?
The percentage figures reflect nominal credit expansion rather than real, inflation-adjusted borrowing volumes.

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