France food, beverages & tobacco stock levels (SA)
France food, beverages & tobacco stock levels (SA) stood at 10.3 Balance of opinion (%) in Sep 2026, according to INSEE – Institut national de la statistique et des études économiques (BDM). It is one of the indicators in the INSEE business surveys table (Value · Monthly), with a complete series running from Feb 1990 to Sep 2026. The complete series with an interactive chart, free to download.
This indicator in the INSEE business surveys table
| Indicator | 09-2026 | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Industry | |||||||||||
| Monthly business survey in goods-producing industries - Manufacture of food, beverages and tobacco - Level of stocks of manufactured products (balance of opinion) - SA series | 10.3 | 11.8 | 9.5 | 11.5 | 9.4 | 16.5 | 13.8 | 10.9 | 14.8 | 14.9 | |
| Monthly business survey in goods-producing industries - Manufacture of electrical, electronic, computer equipments and machinery - Level of stocks of manufactured products (balance of opinion) - SA series | 17.9 | 17.6 | 23.3 | 19.8 | 15.2 | 14.5 | 25.8 | 23.7 | 16.5 | 19.9 |
Understanding france food, beverages & tobacco stock levels (SA)
Enterprise directors operating food processing plants, beverage bottling facilities, and tobacco preparation units supply questionnaire responses regarding their warehouse storage volumes for this indicator. This measure captures inventory adequacy within the consumer nondurables sector, distinguishing its stable demand profile from volatile capital goods industries. Respondents report whether their current stocks of finished products are too high, normal, or too low for the current time of year.
Analyzing this series requires examining month-on-month changes to spot immediate supply adjustments, while year-on-year spans are less useful due to agricultural harvest cycles. Seasonal adjustment accounts for recurring holiday feasting and crop-related production rhythms, though weather-related supply shocks can occasionally influence responses. Researchers should note that food and tobacco inventories behave differently from industrial machinery stocks because of perishability and steady consumer demand.
Frequently asked questions
- What specific goods are counted in the food, beverages, and tobacco inventory index?
- The index tracks finished goods stocks held by processors of food products, beverage makers, and tobacco manufacturers.
- Why do food inventory trends differ from industrial manufacturing stocks?
- Food stocks are influenced by perishable storage limits and steady consumer demand rather than volatile business investment cycles.
- Are the survey figures adjusted for seasonal harvest and holiday patterns?
- Yes, seasonal adjustment removes predictable calendar and agricultural cycle distortions from the reported balance.