FOREX TradingCharts.com

Financial News: French Manufacturing Sentiment Highest Since 2011

French Manufacturing Sentiment Highest Since 2011

05/23/2017 - 03:19:00 (RTTNews)

(RTTNews) - French manufacturing sentiment held steady at the highest level in almost six years in May, survey results from the statistical office Insee showed Tuesday.

The business confidence index remained at 109 in May, its highest level since June 2011. The reading was expected to remain unchanged at April's initial estimate of 108.

According business managers, opinion on their past activity edged down, while that on personal production expectations was virtually stable. The indicator for past activity came in at 15 versus 18 in April.

The personal production expectations index rose marginally to 14 in May from 13 in previous month.

Business managers were much more upbeat than in April on general production prospects for the sector. The corresponding index advanced to 7 from 1.

Their opinion on overall and export order books was almost unchanged, the corresponding balances being significantly above normal. The balance on global order books was -5 and that for export orders was -2.

The overall business confidence index improved to 105 in May from 104 in April. The business climate remains favorable, as since the beginning of the year.

The composite indicator, compiled from the answers of business managers in the main sectors stood five points above its long-term average of 100.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


UK Mortgage Approvals Rise Slightly In May (08 min(s), 06 sec(s) ago)
(RTTNews) - UK mortgage approvals increased slightly in May, figures published by the Bank of Engl ...Full Story»

UK Car Production Declines In May: SMMT (44 min(s), 06 sec(s) ago)
(RTTNews) - UK car production declined in May as car makers adjust production schedules for new mo ...Full Story»

Spain's Inflation Eases To 7-Month Low (01 hr(s), 39 min(s), 06 sec(s) ago)
(RTTNews) - Spain's inflation eased to a 7-month low in June, flash data from the statistical ...Full Story»

Singapore MAS Says Property Cooling Measures Necessary (01 hr(s), 50 min(s), 06 sec(s) ago)
(RTTNews) - Singapore's central bank said it is not yet time to ease the property cooling meas ...Full Story»

German Consumer Sentiment To Rise In July: GfK (02 hr(s), 49 min(s), 06 sec(s) ago)
(RTTNews) - German consumer confidence is set to improve slightly in July, the market research gro ...Full Story»

Singapore PPI Rises Slightly In May (02 hr(s), 52 min(s), 06 sec(s) ago)
(RTTNews) - Singapore's producer prices increased for the sixth consecutive month in May, thou ...Full Story»

Australia New Home Sales Rise For Second Month (03 hr(s), 14 min(s), 06 sec(s) ago)
(RTTNews) - New home sales in Australia increased for the second straight month in May, the Housin ...Full Story»

European Economics Preview: Eurozone Economic Confidence Data Due (04 hr(s), 18 min(s), 06 sec(s) ago)
(RTTNews) - Economic confidence from euro area and inflation from Germany are due on Thursday, hea ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

UK Mortgage Approvals Rise Slightly In May

06/29/2017 - 04:56 AM (RTTNews)
(RTTNews) - UK mortgage approvals increased slightly in May, figures published by the Bank of Engl ...Full Story>>

UK Car Production Declines In May: SMMT

06/29/2017 - 04:20 AM (RTTNews)
(RTTNews) - UK car production declined in May as car makers adjust production schedules for new mo ...Full Story>>

Spain's Inflation Eases To 7-Month Low

06/29/2017 - 03:25 AM (RTTNews)
(RTTNews) - Spain's inflation eased to a 7-month low in June, flash data from the statistical ...Full Story>>

Singapore MAS Says Property Cooling Measures Necessary

06/29/2017 - 03:14 AM (RTTNews)
(RTTNews) - Singapore's central bank said it is not yet time to ease the property cooling meas ...Full Story>>

German Consumer Sentiment To Rise In July: GfK

06/29/2017 - 02:15 AM (RTTNews)
(RTTNews) - German consumer confidence is set to improve slightly in July, the market research gro ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.