FOREX TradingCharts.com

Financial News: French Manufacturing Confidence Improves Unexpectedly

French Manufacturing Confidence Improves Unexpectedly

06/23/2022 - 07:12:00 (RTTNews)

(RTTNews) - Morale of French manufacturers improved unexpectedly in June as they were confident about past, and future production trends, survey data from the statistical office INSEE showed on Thursday.

The business climate index for the manufacturing sector rose to 108 in June from 106 in May. Meanwhile, the score was forecast to fall to 10.5.

The past production index improved to 15 in June from 12 in May, and the index measuring manufacturers' general production outlook for the near term recovered from -9 to -5.

The index for global order books rose slightly to -1 from -2, while that on foreign order books remained stable at -3.

Manufacturers' view regarding personal production expectations over the next three months strengthened in June, driven by other transport equipment, which reached a historically high level. The corresponding index rose to 9 from 6 in May.

The indicator showing the assessment of inventories remained positive by rising to 9 from 8.

Manufacturers' opinion on the expected trend in selling prices eased somewhat in June after reaching an unprecedented level in May. The respective index fell from 55 to 52, but still remained very high.

The overall business confidence index that comprises the responses of business leaders from sectors, namely, manufacturing, construction, services, retail trade and wholesale trade, weakened to 104 in June from 106 in May.

Morale worsened in services and retail trade, but improved in the manufacturing, building and construction segments.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Eurozone Investor Confidence Hits 26-Month Low (12 hr(s), 11 min(s), 53 sec(s) ago)
(RTTNews) - Eurozone investor confidence weakened notably to a 26-month low in July, raising fears ...Full Story»

Germany Trade Balance Swings To Deficit; Exports Unexpectedly Fall (13 hr(s), 07 min(s), 53 sec(s) ago)
(RTTNews) - Germany's trade balance logged an unexpected deficit in May as trade disruption da ...Full Story»

Spain Unemployment Lowest Since 2008 (14 hr(s), 09 min(s), 53 sec(s) ago)
(RTTNews) - Spain unemployment declined sharply in June to the lowest since October 2008, the labo ...Full Story»

Latvia Industrial Production Grows In May (14 hr(s), 12 min(s), 53 sec(s) ago)
(RTTNews) - Latvia's industrial production advanced in May, primarily driven by robust growth ...Full Story»

Eurocoin Indicator Falls In June (14 hr(s), 36 min(s), 53 sec(s) ago)
(RTTNews) - An indicator reflecting the current economic situation in the euro area fell in June, ...Full Story»

Swiss Inflation At 29-Year High (14 hr(s), 42 min(s), 53 sec(s) ago)
(RTTNews) - Switzerland's consumer price inflation rose to the highest level since 1993, data ...Full Story»

Australia ANZ Job Ads Increase In June (15 hr(s), 04 min(s), 53 sec(s) ago)
(RTTNews) - Australia's job advertisements rose again in June and exceeded the recent pack see ...Full Story»

Eurozone PPI Inflation Eases More Than Forecast (15 hr(s), 07 min(s), 53 sec(s) ago)
(RTTNews) - Eurozone producer price inflation slowed more than expected in May, after reaching a n ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Eurozone Investor Confidence Hits 26-Month Low

07/04/2022 - 08:51 AM (RTTNews)
(RTTNews) - Eurozone investor confidence weakened notably to a 26-month low in July, raising fears ...Full Story>>

Germany Trade Balance Swings To Deficit; Exports Unexpectedly Fall

07/04/2022 - 07:55 AM (RTTNews)
(RTTNews) - Germany's trade balance logged an unexpected deficit in May as trade disruption da ...Full Story>>

Spain Unemployment Lowest Since 2008

07/04/2022 - 06:53 AM (RTTNews)
(RTTNews) - Spain unemployment declined sharply in June to the lowest since October 2008, the labo ...Full Story>>

Latvia Industrial Production Grows In May

07/04/2022 - 06:50 AM (RTTNews)
(RTTNews) - Latvia's industrial production advanced in May, primarily driven by robust growth ...Full Story>>

Eurocoin Indicator Falls In June

07/04/2022 - 06:26 AM (RTTNews)
(RTTNews) - An indicator reflecting the current economic situation in the euro area fell in June, ...Full Story>>

Do not sell my personal information

Copyright © 2022. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.