Free Trial

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

MNI, NEWS
MNI: FRANCE DATA: Business Climate Indicator (Jul 2019) Preview - 07:45 BST
-------------------------------------------------------------------------------
- Bus Climate Indicator (BCI): Bbg Cons: 106; MNI Median: 106; Prev (Jun): 106
- Manufacturing Sentiment: Bbg Cons: 104; MNI Median: 102; Prev (Jun): 102
- The BCI is expected to hold steady for a third successive month in Jul,
remaining comfortably above its series average of 100
- In Jun, a decline in manufacturing confidence (-2pts) was offset by slightly
stronger services (+1pt)...
- ... while confidence in the construction sector held steady for a fourth
consecutive month, having risen to a near-11 year high of 111 in Feb
- France's manufacturing sector has so far been relatively resistant to external
headwinds - IP increased by 2.1% m/m in May (its strongest gain since Nov
2016)...
- ... and the consensus expects manufacturing sentiment to rebound in Jul
- Meanwhile, prospects for the services sector remain encouraging amid fiscal
easing, a buoyant labour market, low inflation and rising consumer confidence 

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.