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France's manufacturing biz climate stable in Nov 2023: INSEE

24 Nov '23
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • France's manufacturing business climate remains stable, according to business managers surveyed in November this year by a government agency.
  • At ***, the synthetic indicator is just below its long-term average of ***.
  • The business climate has deteriorated in most sub-sectors, including textiles, apparel, leather and footwear, chemicals and chemical products.

Several balances of opinion have diminished slightly but the one related to the personal production expectations over the next three months has rebounded very slightly, INSEE said in a note.

The balance of opinion is the difference between the proportion of respondents having expressed a positive opinion and the proportion of respondents who have expressed a negative one.

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