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

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MNI: FRANCE DATA: Business Climate Indicator (Jun 2019)
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- Bus Climate Indicator (BCI): 106; Prev (May): 106
- Manufacturing Sentiment: 102; Prev (May): 104
- Services Sentiment: 107; Prev (May): 106
- After rising from 105 in Mar to 106 in Apr, the BCI has held steady at that
level throughout Q2
- In Jun, a decline in manufacturing confidence (-2pts) was offset by slightly
stronger services (+1pt) 
- Confidence in the construction sector held steady for a fourth consecutive
month, having risen to a near-11 year high of 111 in Feb...
- ... while it was also unchanged in retail trade (104)
- For Q2 as a whole, the BCI averaged 3pts higher (106) than Q1 (103)...
- ... boding positively for expectations that GDP growth will remain resilient
in Q2...
- ... following the economy's 0.3% q/q expansion in Q1

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