30 January 2002, 10:46 French Jan business confidence indicator -40 vs -45 in Dec - Insee
PARIS (AFX) - An indicator of French business confidence rose to
-40 in December from -45 in December, according to a monthly survey of
industrialists carried out by the statistics office Insee.
The indicator represents the balance in percentage points between
those expecting a general rise in output and those predicting a
decline.
A separate indicator on prospects for industrialists' own output
rose to -1 in January from -10 in December.
An indicator on past production fell to -24 in January from -16 in
December. The figure represents the balance between the percentage of
industrialists reporting an increase in output and those experiencing a
decline during the three months preceding the survey.
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