empty
 
 

2019.03.2604:05:00UTC+00French Manufacturing Confidence Eases For First Time In 3 Months

France's manufacturing confidence weakened slightly in March, after remaining stable in the previous two months, survey data from the statistical office INSEE showed on Tuesday.

The factory confidence indicator fell to 102 from 103 seen in each of the previous three months. In November, the index reading was 105.

Economists had expected the score to remain unchanged in March.

Manufacturers' assessment of the past activity, export order books, and employment weakened. Production expectations improved slightly.

The overall business climate indicator, however, rose to 104 from 103 in February.

Morale improved in construction and remained stable in services and retail trade.

The confidence indicator rose eight points from January in the wholesale trade, which has a bimonthly survey.

The overall employment climate indicator improved to 108 from 107, mainly due to stronger hiring expectations in the services sector.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback