The confidence among French manufacturers rebounded strongly in December to the highest level in over one-and-a-half years, monthly data from the statistical office INSEE revealed Thursday.
The manufacturing sentiment index rose to 102.0 in December from 98.0 in November. Meanwhile, economists had expected the index to remain stable at 98.0.
Further, the index remained above its long-term average of 100 and marked the highest reading since March 2024.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.