Free Trial

MNI DATA PREVIEW: France Business Climate Indicator Aug 2019

     LONDON (MNI) - FRANCE DATA: Business Climate Indicator (Aug 2019) Preview -
07:45 BST, Tue 27.8.
---------------------------------------------------------------------- 
- Bus Climate Indicator (BCI): Bbg Cons: 104; Prev (Jul): 105 
- Manufacturing Sentiment: Bbg Cons: 101; Prev (Jul): 101 
- Mkts look for the BCI to have fallen for the second successive month in Aug...
- ... which would be the lowest level since Feb 
- However, the index remains comfortably above the long-term average (100) 
- While July's manufacturing(101) & services sentiment(106) fell by 1 point... 
-...sentiment in the retail trade sector picked up by 1 point to 105 
- Construction sector sentiment held steady at 111 in Jul 
- The resilience of France's manufacturing sector is starting to crumble...
-...with IP having dropped by -2.3% m/m in Jun, its sharpest fall since Jan 2018
- Nevertheless, the French flash manufacturing PMI increased to 51 in contrast
to markets expecting a further decline 
- Meanwhile the flash services and composite PMIs saw monthly gains, with the
indicators remaining in expansion territory
--MNI London Bureau; +44 0203 865 3814; email: irene.prihoda@marketnews.com
[TOPICS: MAFPR$,MAXPR$,M$E$$$,M$F$$$,M$X$$$]

To read the full story

Close

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.