5 February 2002, 10:57  French Jan demand indicator -9 vs -18 in Oct - Insee

PARIS (AFX) - An indicator of demand expectations in French manufacturing industry rose to -9 in January from -18 in October, 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 -27 in January from -18 in the October survey. This represents the balance between those reporting a rise in demand and those reporting a decline in the quarter preceding the survey. Prices of industrial goods fell 0.4 pct in the three months to January after a 0.2 pct decline in the previous period, Insee said. Prices are expected to fall by 0.2 pct in the current quarter.

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