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Business Climate Indicator (Jul 2020)...>

FRANCE DATA
MNI (London)
FRANCE DATA: Business Climate Indicator (Jul 2020) 
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- Bus Climate Indicator (BCI): 84.7; Prev (Jun): 78.4 
- Manufacturing Sentiment: 82.3; Prev (Jun): 77.5 
- Services Sentiment: 89.4; Prev (Jun): 78.2 
- Business climate recovery continued, up 6.3pt to 84.7, however falling short
of markets projecting an increase to 86. 
- Despite manufacturing sentiment gaining a further 4.8pts, the index remains
well below pre-crisis levels. 
- Business climate in the service sector showed the largest monthly gain, rising
by 11.2pt to the highest level since March. 
- Employment climate rose 10.1pt to 76.8, while business climate in the retail
trade sector rose to 88.2. 
- Wholesale trade gained 6.6pt to 79.6 in July, its third successive increase. 
- Insee noted that the response rate is recovering since it dropped in Apr. 
- Insee further noted that Jul's uptick was led by an improved business outlook.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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