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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
FRANCE DATA
MNI (London)
JUN BUS CLIM INDICATOR 113; MAY 108
JUN MFG SENTIMENT 107; MAY 107
JUN SERVICES SENTIMENT 113; MAY 107
- The French business climate indicator jumped to the highest level since Aug 2007, rising 5pt to 113 and surpassing market expectations (BBG: 110)
- Jun's uptick was driven by a marked improvement in the service sector and the index is now stands significantly above the long-term average and the pre-crisis level.
- Business climate in the service and retail trade sector surged 6pt and 8pt to 113 and 115, respectively.
- Service sector sentiment rose to the highest level since Jul 2007, while retail trade confidence increased to a 40-month high.
- Manufacturing business climate remained at May's level of 107 in Jun, following several months of growh.
- Insee noted that firm's assessment of the outlook in all the sectors is increasing.
- Employment climate rose significantly as well, up 5pt to 104 and recording the highest level since the start of the pandemic. The increase was led by the service sector according to Insee.
Source: Insee
MNI London Bureau | +44 203-865-3814 | irene.prihoda@marketnews.com
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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