Technical Analysis

France November business confidence 102 vs 102 prior

  • Prior 102
  • Manufacturing confidence 101
  • Prior 103
  • Services confidence 104
  • Prior 105; revised to 106

Despite a slight decrease in both manufacturing and services sentiment, the French business climate is seen stable in November and just slightly above its long-term average of 100. The only improvement was seen in wholesale trade, with building construction and retail trade both showing a mild drop in activity/sentiment.

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