France: Business sentiment stable in January
January 25, 2016
According to the INSSE business climate survey, the business confidence indicator remained stable in January at December’s 102 points, which had marked a three-month high. 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 and general production expectations, which offset a fall in past activity and inventories.
Author: Eric Denis , Economist