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French Oct demand indicator +13 vs +16 in July - Insee


Published :
Tue, 30 Oct 2007 08:38
By : Agencies
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PARIS (Thomson Financial) - An indicator of demand expectations in French manufacturing industry fell to plus 13 in October from plus 16 in July, according to a quarterly survey of industrialists carried out by the statistics office Insee.

The indicator represents the balance in percentage points between those expecting a rise in overall demand in the current quarter and those predicting a decline.

An indicator of past demand fell to plus 19 in October from plus 22 in the July survey. This represents the balance between those reporting a rise in demand and those reporting a decline in the quarter preceding the survey.

Insee said said overall demand remained strong during the third quarter, although demand from abroad slowed to some extent.

For the fourth quarter, industrialists are expecting a slight slowing in overall and foreign demand, Insee added.

tfn.paris@thomson.com

gt/jlw

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Copyright Thomson Financial News Limited 2007. All rights reserved.

The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.




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