HomeEconomyAfter a decline in January, business creation picked up again in February

After a decline in January, business creation picked up again in February

The 2% increase in business creation in February was driven by microenterprise registrations, which rose 3.4% after falling 1.6% in January.

The number of companies created in France increased by 2% in February after having fallen by 4.4% in January, according to data published on Friday by INSEE which, however, must be “interpreted with great caution”.

Thus, 86,665 companies would have been born in February, compared to 84,937 in January. But the figure for January has been sharply revised downward, since INSEE identified in its first estimate 86,798 companies created during the month.

This instability of the data is explained by the constitution, on January 1, 2023, of a single window for business procedures (creation, cessation of activity, modification of statutes), which has encountered numerous difficulties.

The government said on Wednesday that the single window, which replaced six networks of commercial processing centers, should be fully operational by the end of June.

Decline in education and health

The 2% increase in business creation in February was driven by microenterprise registrations, which rose 3.4% after falling 1.6% in January. The number of classic businesses launched in February fell (-0.2%), but the trend was much less marked than a month earlier (-8.8%).

On the other hand, they fell again in education, health and social work (-4.3% after -0.8%), in transport and storage (-2.5% after -10.6%), as well as in accommodation and restoration (-2.6% after -6.8%).

Author: Frederic Bianchi
Source: BFM TV

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