France's economic recovery has taken 10 positive signs

France Figaro reported on 11 August, France's economic recovery has taken 10 positive signs, 1) entrepreneurial confidence has improved somewhat, 2) discontinued production of iron and steel blast furnace to ignition, 3) listing large enterprises benefit is better than expected, and 4) increased by large supermarket sales, France's CAC40 5), 6) auto industry production began to rebound, 7) in the air transport of passengers, loading in the stabilization of food package 8) bounces, 9) advertising investment growth again, 10) internationally, various economic indicators are showing signs of improvement.

«Ò» ¡ ¢ may and June this year France's industrial production growth for two consecutive months, this is an encouraging signal, portend France industry may see the light at the end of the tunnel, France since implemented out old car purchase environmentally-friendly new car incentives measures 1000 euros, France automobile production in June 5.3%, an increase of 5 month 12.2%. Q2 this year France France automobile exports increased 4.8%.

In June of this year France's dominance in the field of industrial, pharmaceutical, aerospace, shipbuilding and the production of high speed railway areas still render better momentum. And economic cycle closely linked sectors such as packaging, air transport, major retail supermarket, advertising industry, has shown a positive sign.

Q2 this year France's production growth by 0.2%, household consumption increased 0.7% Q2 data shows France's economic situation than expected just a little bit better. The French Bank predicts Q3 this year France economy begins to stabilize.

Second, symbolic, 5 August Mittal Steel Group ansai LOMA is located in France in a blast furnace in Lorraine since the beginning of the discontinued after ignition production, 600 portion of unemployed workers resume work, and blast furnace production was again ignition brought other sector production: coking plant, rolling mill, etc. The blast furnace to ignition portend ansai Laurent Mittal Steel Group's production began to recover, since the end of 2008, due to the global steel demand sags, Mittal Steel Group ansai Laurent production cut by half. Ansai Laurent Mittal Steel Group in the second half of this year is expected to yield higher than the first half of this year.

Third, France 26 in stock CAC40 companies have announced their first half performance, 14 companies in the first half performance beyond the expected. BNP Paribas and Société Générale Bank this year performance significantly better than expected, the other big companies such as Axa Insurance Company, Electricite de France, Sanofi Ann million references to pharmaceutical companies, company, France Telecom Airliquide, PPR Group first half performance, Danone Group, the performance of the LVMH group show that better withstand the crisis.

4. the ghost of deflation seems to be a large supermarket sales rise the dispersed, in February this year France many large supermarkets of agro-food products wholesalers concerned decline. In fact the first 6 months, a large supermarket sales in France increased by 2%, 6 months sales even rose by 3%. Supermarket sales growth attributable to lower prices in the first half of this year, consumer prices increased by only France 0.5%, whereas the same period last year increased by 2.5%.

Fifth, since mid-July, the world's major stock markets increased by 10%-20%, France's CAC40 on August 7, 3500 points again climbed to 3521.14 points back to 2008 October-November, 2009 years March 6 CAC40 France stock market once fell to 2534.45 points.

For the sustainability of the stock rises, analysts opinions on this, but the General view from now until the end of the stock market volatility remained high.

6. France is expected in the second half of this year two major automobile manufacturers Renault and PSA Peugeot Citroen company's production will be better than the first half of this year, out of an old car buying new car incentives to pull the car production is quite effective, Reynolds company orders received in the second half of this year was higher than the same period in 2007, Reynolds company considers orders in 2009, the European car market decrease at 8%, instead of January this year is expected decline of 15%. PSA Peugeot Citroen company car sales fall by 20%, reduced to 12%.

July France new car sales increased 3.3% since the beginning of this year, France new car sales even rose by 0.6%.

7. the air transport industry in the first half of this year had serious down situation, July while Air France's turnover decreased compared with the same period last year, but the decline slowed, Air France passengers transportation in July decreased by 3.3%, April-June fell by 5.8%, British Airways dropped 1.2%. Analysts on Air France passengers attendance improvement is pleased that Air France passengers attendance in July reached 85.1%, British Airways passengers attendance reached 84.6%, airline revenue decline has slowed down. International air transport association will be published 27 August 7 month global air transport industry, for the moment, optimism. But in 2009 the air transport industry is also faced with two dangerous, crude oil prices, the spread of influenza.

8. food industry currently is the most dynamic industries, packaging requirements can be detected. France packing industry association President StéphareTeicher believes that the packaging industry is the rendering of the recovery of one of the few industries, 6 month used to human food packaging carton delivery quantity compared to the same period last year increased by 14%, for the bodies of storing food packaging carton delivery quantity increased by 1.1%. But chemical and building materials product packaging production no recovery in the month of June 2009 for building materials product packaging cartons deliveries dropped by 5.5%. All trades are considered together, the consumer packaging cartons still declining, in June this year has decreased by 14%, in January fell by 17%.

9. in July 2009 France advertising market showed the first signs of recovery, advertising investment in various media (overseas advertising) an upward trend, advertising investment of weak growth confirms June Media Group executives

' Speculation that they predict advertising they regain confidence.

In General, France media advertising investment increased 16.4%. Digital TV media advertising volume grew by 22% year-over-year increase, advertising investment by 47.8% as attracting advertising's first big media, France television advertising investment increased 5.3%.

10. the world's major economies, economic indicators showed signs of improvement, United States purchasing manager ISM index reached the highest point in the past year, the United States, the unemployment rate decreased only weak 9.4% United Kingdom real estate prices in February 2009 on the basis of the lowest point had risen by 4.5%. Germany's exports grew by 7% ... ..., the last three months the world's economic statistics have improved. France hope to use these transfer to revitalize its exports, Q2 this year France's exports began to stabilize.

Asian economies is most evident signs of recovery in the second quarter of this year, Korea's GDP grew by around than 2.4%, good for Korea Government expected 1.7% increase in GDP of China was 7.9%.