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Creation of new enterprises in France down in Dec.

(Xinhua)

15:40, January 15, 2013

PARIS, Jan. 14 (Xinhua) -- France registered a fall in creation of new enterprises in December 2012 from a month earlier as morose economic and financial climate had kept investors on edge, official data showed on Monday.

Last month, the European second largest economy numbered 37,813 new firms, down from 44,689 companies created in November as industrial and services activities reported the worst loss up to 23.5 percent and 18.7 percent respectively, according to the French national statistics bureau Insee.

Excluding self-managed enterprises (seasonally and working-day adjusted data), births of entreprises inched up by 1.5 percent to 20,232 over the period.

On yearly basis, enterprise births remained stable with more than one out of two enterprise births were self-managed enterprises, totalling 307,478.

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