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Financial News: French Manufacturing Confidence Remains Stable In October

French Manufacturing Confidence Remains Stable In October

10/24/2017 - 04:23:00 (RTTNews)

(RTTNews) - French manufacturing confidence held steady at its highest level since late 2007, survey results from the statistical office Insee showed Tuesday.

The manufacturing confidence index came in at 111.0 in October, the same reading as in September, which was revised up from 110.0.

Moreover, the index remained at its highest level since December 2007.

The index for general production outlook strengthened to 31 in October from 23 in September.

Meanwhile, the component index for personal production expectations weakened from 20 to 17.

The balance of opinion on past activity improved in October, with the corresponding index rising to 16 from 12.

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