France: Business sentiment inches up in December
December 21, 2015
According to the INSSE business climate survey, the business confidence indicator inched up from 102 points in November to 103 points in December. As a consequence, the indicator is now further above the long-term 100-point average, which is the benchmark measure the INSEE uses to distinguish between improving and worsening business expectations.
According to the INSEE, the result came on the back of improvements in two out of five categories that comprise the index, namely businesses’ assessment regarding their personal production expectations and global order books
Author: Eric Denis , Economist