{"id":100948,"date":"2025-12-03T00:00:00","date_gmt":"2025-12-02T21:00:00","guid":{"rendered":"https:\/\/www.capmad.com\/news\/%news-category%\/climat-des-affaires-stabilite-fragile-au-troisieme-trimestre-2025\/"},"modified":"2025-12-03T11:01:10","modified_gmt":"2025-12-03T08:01:10","slug":"climat-des-affaires-stabilite-fragile-au-troisieme-trimestre-2025","status":"publish","type":"news","link":"https:\/\/www.capmad.com\/fr\/news\/economie-fr\/climat-des-affaires-stabilite-fragile-au-troisieme-trimestre-2025\/","title":{"rendered":"Climat des affaires : stabilit\u00e9 fragile au troisi\u00e8me trimestre 2025"},"content":{"rendered":"

Incertitude nationale freine les investissements<\/b><\/h2>\n

Les discussions autour du budget 2026 et la remise en cause des exon\u00e9rations de charges LODEOM freinent les d\u00e9cisions des entreprises r\u00e9unionnaises. Pr\u00e8s de deux tiers des dirigeants signalent que cette incertitude politique ralentit l\u2019investissement et le recrutement.<\/b><\/p>\n

Au troisi\u00e8me trimestre, le climat des affaires reste stable \u00e0 97,5 points, l\u00e9g\u00e8rement en dessous de sa moyenne historique, traduisant un attentisme g\u00e9n\u00e9ral, selon l’Iedom.<\/p>\n

C\u00f4t\u00e9 prix, la situation s\u2019am\u00e9liore. L\u2019inflation recule \u00e0 1,2 % sur un an, contre 1,5 % fin juin, et se rapproche des niveaux de la m\u00e9tropole. La baisse des tarifs de l\u2019\u00e9nergie, de pr\u00e8s de 9 %, all\u00e8ge les d\u00e9penses des m\u00e9nages, m\u00eame si les services, notamment la sant\u00e9 et les communications, continuent d\u2019augmenter.<\/p>\n

Le march\u00e9 du travail conserve sa rigidit\u00e9. Le nombre de demandeurs d\u2019emploi de cat\u00e9gorie A atteint 118 500, avec une l\u00e9g\u00e8re hausse sur le trimestre. Les jeunes de moins de 25 ans subissent la plus forte progression, sup\u00e9rieure \u00e0 4 %. La consommation priv\u00e9e montre \u00e9galement des signes de faiblesse : les importations de biens durables et non durables reculent, et les dossiers de surendettement augmentent de plus de 18 % sur un an.<\/p>\n

C\u00f4t\u00e9 entreprises, le constat varie selon les secteurs. L\u2019agriculture et l\u2019agroalimentaire maintiennent une activit\u00e9 soutenue, m\u00eame si la campagne sucri\u00e8re chute de pr\u00e8s de 40 % par rapport \u00e0 2024. Le b\u00e2timent et les travaux publics ralentissent : les effectifs diminuent pour la premi\u00e8re fois depuis un an, mais les permis de construire reprennent. Le commerce fl\u00e9chit, tandis que le tourisme local s\u2019essouffle malgr\u00e9 une hausse de plus de 6 % du trafic a\u00e9rien.<\/p>\n

Dans la r\u00e9gion, la reprise progresse plus rapidement. Madagascar enregistre une croissance de 4 %, Maurice de 3,6 %, et les \u00e9conomies voisines poursuivent leur redressement. Dans ce contexte, La R\u00e9union reste sur une ligne fragile : l\u2019\u00eele attend les arbitrages nationaux et la confiance de ses acteurs \u00e9conomiques pour retrouver une v\u00e9ritable dynamique.<\/p>\n","protected":false},"excerpt":{"rendered":"

Incertitude nationale freine les investissements Les discussions autour du budget 2026 et la remise en cause des exon\u00e9rations de charges LODEOM freinent les d\u00e9cisions des entreprises\u2026<\/span><\/p>\n","protected":false},"author":76,"featured_media":100950,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"tags":[],"news-category":[7989],"news-location":[7994],"class_list":["post-100948","news","type-news","status-publish","format-standard","has-post-thumbnail","hentry","news-category-economie-fr","news-location-la-reunion-fr"],"acf":[],"yoast_head":"\nClimat des affaires : stabilit\u00e9 fragile au troisi\u00e8me trimestre 2025<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Climat 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