Financial News: French Manufacturing Confidence Steady At 99

French Manufacturing Confidence Steady At 99

09/20/2024 - 03:43:00 (RTTNews)

(RTTNews) - The confidence among French manufacturers remained stable in September after strengthening in the previous month, monthly data from the statistical office INSEE revealed Friday.

The manufacturing sentiment index stood at 99.0 in September, the same as in August, and remained just below its long-term average of 100. That was in line with expectations.

The opinion regarding the evolution of production over the last three months rebounded in September, while the overall order book balance worsened, the agency said.

The index measuring personal production expectations remained positive but dropped slightly to 6.0 in September from 7.0 in the previous month. Meanwhile, producers' past production situation improved notably to -6.0 from -13 in August.

The index measuring overall order books declined to -19 from -16.

The survey showed that general production expectations were slightly less negative in September, with the relevant index rising to -11 from -12 a month ago.

The sub-index for the expected trend in selling prices in the next three months decreased to 1.0 in September from 2.0 in the previous month.

The overall business confidence index, which comprises the responses of business leaders from sectors such as manufacturing, construction, services, retail trade, and wholesale trade, continued its recovery in September, with the measure rising to 98 from 97 in August. Similarly, the employment climate index rose to 100 from 98.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Index Unexpectedly Decreases In October (07 hr(s), 0 min(s),44 sec(s) ago)
(RTTNews) - A report released by the University of Michigan on Friday showed an unexpected deterio ...Full Story»

U.S. Producer Prices Unexpectedly Flat In September, Annual Growth Slows Modestly (07 hr(s), 24 min(s), 44 sec(s) ago)
(RTTNews) - With a decrease in prices for goods offsetting an increase in prices for services, the ...Full Story»

U.S. Producer Prices Unexpectedly Unchanged In September (09 hr(s), 09 min(s), 44 sec(s) ago)
(RTTNews) - With a decrease in prices for goods offsetting an increase in prices for services, the ...Full Story»

India Industrial Output Shrinks 0.1% In August (09 hr(s), 12 min(s), 44 sec(s) ago)
(RTTNews) - India's industrial production declined slightly in August, largely led by weaker m ...Full Story»

Turkey Retail Sales Growth Strongest In 5 Months (12 hr(s), 06 min(s), 44 sec(s) ago)
(RTTNews) - Turkey's retail sales increased at the quickest pace in five months in August, the ...Full Story»

Romania Inflation Eases To 4.6%, Lowest In Over 3 Years (13 hr(s), 0 min(s),44 sec(s) ago)
(RTTNews) - Romania's consumer price inflation moderated further in September to the lowest le ...Full Story»

UK Economy Returns To Growth (13 hr(s), 21 min(s), 44 sec(s) ago)
(RTTNews) - The UK economy returned to growth in August but the pace of expansion was weaker than ...Full Story»

Swiss Consumers Less Pessimistic In September (13 hr(s), 43 min(s), 44 sec(s) ago)
(RTTNews) - Confidence among Swiss consumers remained less negative in August, survey results from ...Full Story»