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21st Dec 2015 06:28Eurozone, Economic Monitor

Manufacturing confidence in France remained resilient in the fourth quarter. The INSEE sentiment index rose to 103 in December from 102 in November, lifted by a jump in firms' own production expectations, and a small increase in the new orders-to-inventory ratio. We think production will increase in Q4, lifted by energy output, but the recent jump in the year-over-year rate is unlikely to be sustained, even if we factor in the marginal increase in new orders this month.

france french services. paris balance assets manufacturing insee production gdp growth consumer confidence foreign aid

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Keywords for: 21 Dec. 2015 Paris Attacks Unlikely to Dent Q4 French GDP Growth Severely

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