French business confidence remained unchanged as expected in February, a closely-watched survey showed Tuesday.
The business sentiment index came in at 100 for the third consecutive month, the statistical office Insee said.
The balance of opinion on past change in production has improved and has reached its long-term average. The balance of opinion on personal production expectation fell marginally to 9 from 10. General production expectations weakened to -6 from -4 in January.
Global and export order books have slightly weakened compared to the previous month. The global order books came in at -21, down from -19 in January. Likewise, export orders fell to -21 from -17.
Finally, stocks of finished products have slightly gone up but theirs levels are considered as still below their normal level, data showed.
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