France: Economic sentiment increases in August
Latest reading: Economic sentiment inched up to 92.0 in August from July’s 91.9. Consequently, the index remained below the long-term average of 100, pointing to a muted near-term outlook for the economy.
The headline print reflected healthier sentiment in the industrial, retail and construction sectors. That said, sentiment waned in the services sector and among consumers.
Relating to indicators that are not used to calculate the index, employment expectations improved, while the economic uncertainty index decreased in August.