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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