Business Climate Indicator (Dec 2019)...>

FRANCE DATA: Business Climate Indicator (Dec 2019) Preview 19/12/19

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- Bus Climate Indicator (BCI): Bbg Cons: 105; Prev (Nov): 105 

- Manufacturing Sentiment: Bbg Cons: 99; Prev (Nov): 100 

- Analysts are looking for the BCI to hold steady at Nov's level this month,

which would be the third in a row registering 105. 

- After a sharp drop in Oct, manufacturing sentiment picked up by 1pt to 100,

leaving the index at the long-term average. 

- France's flash composite PMI remained broadly stable in Dec, only falling by

0.1pt to 52.0, while the services PMI rose slightly and manufacturing PMI

declined to a 3-month low. 

- Meanwhile, the ZEW and the Sentix index recorded improvements in both the

current situation and expectations index for the Eurozone in Dec. 

- The December expectation indices for both surveys reached the highest values

since March 2018.