France October business confidence 97 vs 98 prior

October 24, 2024
-FCHFX

October 24, 2024 at 07:45AM

Prior 98

Manufacturing confidence 92

Prior 99

Services confidence 101

Prior 98

The French business climate declined in October as a steep fall in manufacturing confidence outweighed a slight increase in morale in the services industry on the month. Of note, employment conditions also reflected a fall with the index there dropping to 97 – down from 99 previously. That suggests added softness to the overall economy and isn’t good news for the ECB.

This article was written by Justin Low at www.forexlive.com.

France October business confidence 97 vs 98 prior

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