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French Oct business climate indicator 108 vs 109 in Sept - Insee


Published : Thu, 25 Oct 2007 07:44
By : Agencies
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PARIS (AFX) - A composite indicator of French business confidence fell to 108 in October from 109 in September, according to a monthly survey of industrialists carried out by the statistics office Insee.

Economists polled by Thomson Financial News had expected a reading of 109.

The indicator reflects the level of positive business leader opinion on the overall output outlook, their own output outlook, past production, inventories and order books.

paris@afxnews.com

hem/lam

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Copyright Thomson Financial News Limited 2007. All rights reserved.

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