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French Manufacturing Confidence Improves In April

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

French manufacturing confidence rebounded slightly in April and returned to its long-term average, survey results from the statistical office INSEE showed Thursday.

The manufacturing confidence index rose to 100.0 in April from 99.0 in March. The score was forecast to remain stable at 99.0.

The increase in April was driven by the rebound of the balances on past production and on global order books.

The balances of opinion associated with the overall order books improved to -16 from -18. The opinion regarding past production also strengthened, and the index rose to 3 from -2 in March.

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