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Economy And The Numbers

French Manufacturing Confidence At 4-Month Low

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us

French manufacturing sentiment weakened to a four-month low in March largely due to lower past production and order book levels, survey results from the statistical office INSEE showed Thursday.

The manufacturing confidence index fell to 99 in March from 102 in February. The score was forecast to drop to 100. This was the lowest since November.

The balances of opinion associated with the level of order books both global and foreign, decreased again. The one relating to foreign order books plunged to -14 from -8 and the one on global orders slid to -19 from -17.

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