More and more small business owners have cash flow problems and anticipate a drop in their activity.
Orange alert. After a particularly dynamic year 2021 due to the recovery of activity following the Covid-19 crisis, VSEs and SMEs are expecting a slowdown in their activity over the whole of 2022. According to the latest survey half-year economic survey conducted in May-June by Bpifrance, the number of small and medium-sized enterprises anticipating a rebound in their activity – compared to those anticipating a downturn – fell by 11 points in six months, to now reach 25%.
Due to geopolitical uncertainties linked to the war in Ukraine and the return of sustained high inflation, the increase in their turnover should be limited to 4.9% over the year, versus 7% in 2021. “There is therefore no contraction yet”, wants to reassure Baptiste Thornary, chief economist at Bpifrance. And this even if strong disparities between sectors appear… Tourism, still in the process of catching up with the shortfall generated by the pandemic over the past two years, is pulling…
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