France August business confidence 103 vs 103 prior

  • Prior 103
  • Manufacturing confidence 104
  • Prior 106
  • Services confidence 106
  • Prior 107

The composite reading keeps more or less unchanged from July (103.4 in August vs 102.8 in July) as economic conditions continue to trend softer in France. Looking at the details, employment conditions are seen weaker and that is something to take note of as activity slows down further in the months ahead.

James Rogers

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