Tuesday, November 10, 2015

In France, the business sentiment starts rebounding...!

The Bank of France indicator moved up to 98.7 in October from 97.8 in September. It is still below its long-term average of 100. Nonetheless, the pick-up in this indicator has the Bank of France looking for growth of 0.4% in Q4 2015, up from a 0.2% gain estimated for Q3.

New orders of sub-index led the improvement of whole index like other developed countries' industrial sentiment index. They seem ready to expand their production activities unless another financial or economic shock comes.


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