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France services expected trend in investment

France services expected trend in investment stood at -1.3 Balance of opinion (%) in Q3 2026, according to INSEE – Institut national de la statistique et des études économiques (BDM). It is one of the indicators in the INSEE quarterly business surveys table (Value · Quarterly), with a complete series running from Q3 2005 to Q3 2026. The complete series with an interactive chart, free to download.

Source: INSEE – Institut national de la statistique et des études économiques (BDM)Last updated: Curated by Bui Thanh Phuc
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This indicator in the INSEE quarterly business surveys table

IndicatorQ3-2026Q2-2026Q1-2026Q4-2025Q3-2025Q2-2025Q1-2025Q4-2024Q3-2024Q2-2024
Services
Expected trend in investment for the next three months-1.3-4.4-4.1-0.6-4.8-2.8-1.8-1.1-2.9-0.7
Monthly economic survey in services - General wage outlooks (balance of opinion)-74.8-73-66.9-82.9-78.2-68.7-63.2-75.4-74.5-63.9

Understanding france services expected trend in investment

Service sector survey participants express their directional outlook regarding capital expenditure budgets over the upcoming three-month horizon. Respondents report whether they anticipate increasing, maintaining, or reducing outlays on physical assets, technology, and equipment. As a forward-looking balance of opinion, this metric differs from retrospective activity measures by capturing expected corporate investment commitments in the near term.

Reading this balance requires evaluating the net percentage of positive versus negative responses, where zero represents balanced expectations. Seasonal patterns can influence capital expenditure planning, making quarter-on-quarter comparisons of seasonally adjusted balances the standard analytical approach. Researchers should remember that expressed investment intentions can diverge from realized expenditures if macroeconomic conditions shift unexpectedly during the projection window.

Frequently asked questions

What time horizon do respondents consider for expected investments?
Participants evaluate their anticipated capital expenditure trends over the next three months.
How is this balance of opinion calculated?
It represents the difference between the percentage of firms expecting higher investment and those expecting lower investment.
Does this series track actual monetary outlays on capital goods?
It measures qualitative sentiment regarding future spending plans rather than quantitative investment values.

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