Tuesday 29 October 2013

France's Business Confudence Slightily less than Forecast

French statistics Institute INSEE's business confidence index for the month of October remained unchanged at 85.0.

The consensus estimate was for a small move higher to 86.0.

The largest change amongst the survey's sub-indices was seen in the gauge for past price rises, which fell to -6 from +2.

The gauge for unemployment expectations moved lower, to 42 from 49 in the month before. 

Respondents' evaluation of their past financial situation worsened to -36 from -33. 

The sub-index measuring their future  ability to save improved to +2 from -5. 

Source: LiveCharts

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