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

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MNI: FRANCE DATA: Business Climate Indicator (May 2019) Preview - 07:45 BST
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- Bus Climate Indicator (BCI): Bbg Cons: 105; MNI Median: 105; Prev (Apr): 105
- Manufacturing Sentiment: Bbg Cons: 101; MNI Median: 101; Prev (Apr): 101
- The BCI held steady in Apr, having recovered some ground in Q1 after trending
downwards throughout 2018
- A decline in manufacturing (to a 34-month low) & construction sentiment at the
start of Q2...
- ... was offset by rising retail confidence and steady sentiment in the
services sector
- Markets expect the BCI to hold steady for a second month running in May,
remaining 5pts above its series average of 100 
- The most recent French PMI data showed manufacturing conditions stabilising at
the start of Q2, while services sector activity accelerated slightly

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