France: Business ConfidenceNovember 25, 2013
By Uncategorized in
In contrast to a predicted deterioration, France’s survey of confidence among manufacturers managed to remain unchanged in November:
And this is perhaps not surprising, given that Industrial companies in MSCI France have led all other sectors in performance over the last four years:
But is momentum in this group beginning to falter?
Looking at the details in the survey, the forward-looking components are worse than their respective long-term averages and paint a more troubled picture than the headline number might imply:
Tags > business confidence, France, Industrials, Manufacturing