The number of companies created in France fell by 1.6% in one month in July, INSEE announced on Friday, a second consecutive decline after -0.7% in June.
In total, according to data adjusted for seasonal variations and the effect of working days (CVS-CJO), 93,800 companies were created in July. The creation of traditional companies fell by 3.1% (33,004 creations) after having increased by 2.7% in June, and the number of new micro-entrepreneurs fell again (60,796), at a more moderate pace than in June (-0.7% after -2.5%). In July, the fall affected “most sectors”, according to the National Institute of Statistics.
Creations “decrease sharply again” in information and communication (-8.3% after -10.5%), “more moderately” in business support (-2.1% after -1.3%). They “decline” in domestic services (-3.0% after +1.8%), but “recover” in transport and storage (+3.8% after -10.4%) and in real estate activities (+2.8% after -1.9%).
Company creation “increases considerably” in three months
During the three-year period May-June-July, the number of start-ups “continues to increase considerably”, notes INSEE: in raw data, the cumulative number of companies created from May to July increased by 11.2% compared to the same period in 2023, “which had been marked by a clear decline in start-ups”. In twelve months, in raw data, the increase is 7.5%.
INSEE, however, continues to urge “a very cautious interpretation” of comparisons with 2023, since the “significant change” brought about by the creation, on 1 January 2023, of the electronic window for commercial procedures has “weakened the economic monitoring” of those created last year.
Source: BFM TV
