France: Business sentiment stable in February
February 22, 2016
According to the INSSE business climate survey, the business confidence indicator remained stable in February at January’s 103 points. Thus, the indicator remains slightly 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 businesses’ assessment regarding their personal production expectations, which offset a fall in past activity and global order books.
Author: Eric Denis , Economist