French Business Sentiment in Manufacturing Dips Unexpectedly in April
24 Mai 2016 - 9:52AM
Dow Jones News
By Inti Landauro
PARIS--French business sentiment in manufacturing dipped in May
but remained above the long-term average as business leaders are
more upbeat about their order books, statistics showed Tuesday.
Business confidence in manufacturing dipped to 104--four points
above the long-term average--from a revised 105 in April,
statistics agency Insee said. Business sentiment in April was at
the same level as what economists polled by The Wall Street Journal
had expected.
Insee had estimated business confidence in April at 104.
A wider measure of business confidence--including services,
wholesale, construction and retail--inched up in May to 102 up from
101 in April.
Insee said confidence increased in the manufacturing, retail
industry and services industries.
-Write to Inti Landauro at inti.landauro@wsj.com
(END) Dow Jones Newswires
May 24, 2016 03:37 ET (07:37 GMT)
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