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MNI: FRANCE DATA: Business Climate Indicator (Apr....>

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MNI: FRANCE DATA: Business Climate Indicator (Apr 2019) Review
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- Bus Climate Indicator (BCI): 105; Prev (Mar): 105 (rev. from 104)
- Manufacturing Sentiment: 101; Prev (Mar): 103 (rev. from 102)
- Services Sentiment: 105; Prev (Mar): 105 (rev. from 103)
- The BCI held steady in Apr at Mar's upwardly revised 105
- A decline in manufacturing and construction sentiment was offset by rising
confidence in the retail sector
- The BCI has recovered some ground so far this year after trending downwards
throughout 2018...
-...and remains comfortably above the series average of 100
- Business sentiment has likely been boosted by the fading of the "Gilets
Jaunes" protests as well as the fiscal easing measures that have been put in
place to placate the protestors

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