Decline in corporate failures in France in June
The corporate failures have continued to decline in France in June to register down 7.9% on the entire second quarter compared to the same three months of 2009, according to data published on the news website score3.fr business.
The Observatory for the failures identified score3.fr 13,189 openings procedures from April to June against 14,326 a year earlier, a decrease of 7.9% followed a modest decline of 1.8% in first quarter .
On June alone, the failures are the number of 4677, a figure higher than in May (4310), but down 7.2% compared to 5039 cases in June 2009.
"The improvement is particularly noticeable in the areas most affected by the crisis, namely real estate (-30.4%), manufacturing (-21.2%) or construction (-10.9 %), "said Score3.fr, which belongs to the group of business services Pouey International.
Agriculture and fishing have also seen their bankruptcies decline sharply compared to June 2009 (-44%) but some areas remain, however, the sentence, like business services and administrative support (14.4% ), accommodation and food (+3.2%), or transport failures which rose 1.4% compared to June 2009.
After several positive months, financial and insurance for their part, experienced strong growth in their failures (6%) in June a year ago. Developments in this sector, however, positive throughout the quarter with an average decline of 3.2% of failures from April to June 2009.
The detailed figures are available on the website www.score3.fr.