INSEE sees investments in French motor vehicle sector rising by 27pct in 2012

Reading time: min

According to France's National Institute of Statistics and Economic Studies, business leaders in the French manufacturing industry stated that investments in the industry in 2011 were up by 12% YoY.

In July 2012, business leaders in the manufacturing industry forecast an increase of 5% in their investment for 2012 as compared to 2011. The rebound in investment is expected to be particularly important in the manufacture of transport equipment (+18% in 2012 after a rise of 4% in 2011). The rebound is also expected to be sharp in the motor vehicle sector (+27% after -4% in 2011).

Meanwhile, business leaders in the French manufacturing industry state that investments increased in the first half of 2012 as compared to the second half of 2011, in accordance with their forecasts in January 2012. For the second half of 2012, they anticipate that investment will be less important compared to the first half of 2012.

Source -