- Analytics
- News and Tools
- Market News
- French business sentiment declined in June - Insee
French business sentiment declined in June - Insee
According to the report from statistic agency Insee, French manufacturing sector sentiment soured this month as business leaders became less optimistic about activity in the sector.
Figures showed that manufacturing sentiment declined to 102 in June from May's six-month high of 104. Economists had projected a flat reading. June's figure was the lowest since November 2016.
The shift in the mood of the manufacturing sector of the eurozone's second-largest economy comes a day after figures showed deteriorating business sentiment in its largest.
Investors will now look ahead to Wednesday's releases to gauge the temperature of consumer sentiment in both France and Germany. Economists expect both measures to have turned more negative.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
