France January business confidence 95 vs 94 prior ...Middle East

Prior 94Manufacturing confidence 95Prior 97Services confidence 96Prior 96

The French business climate remains subdued to start the new year, even if it showed a marginal improvement to December. The reading remains below its long-term average of 100, reflecting weakness in both the industrial and services sectors. The employment climate indicator showed a marginal improvement at least, up from 97 previously to 98.

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

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