June 25, 2013 at 9:18 AM by AHN ? ?
Nathan Andrada ? Fourth Estate Cooperative Contributor
Paris, France (4E) ? French business confidence slightly climbed this month from May, according to a report released on Tuesday by statistical office Insee.
The index for business confidence in the manufacturing sector improved to 93 in June from 92 in the previous month. The result is in line with the economists? estimate in a survey by the Dow Jones Newswire, although the index is still below its long-term average of 100.
A wider gauge of business confidence, which includes construction, wholesale, services and retail, rose to 86 in June from 85 in the previous month, although below the long-term average of 100. Confidence in the construction industry also declined, according to the data.
Respondents in the survey from the business sector think that the industrial economic situation is nearly stable.
Respondents? opinions about the previous activity as well as the general production outlook of business stayed unchanged in May, and were below their long-term averages.
The general production outlook, a view of business leaders? sentiment about the French industry in general, continues to stay very low in June, according to the data.
Confidence in business sectors like retail jumped from the prior month, while construction slightly fell. No changes in sentiment for the service sector from the May level.
Article ? AHN ? All Rights Reserved
oj simpson chicago bulls ncis how i met your mother tesla barbara walters 24
No comments:
Post a Comment