French Manufacturing Confidence Deteriorates

RTTNews | 160 일 전

(RTTNews) - French manufacturing sentiment deteriorated more than expected in January on falling orders, survey results from the statistical office INSEE revealed Thursday.

The manufacturing sentiment index registered 95 in January, down from 97 in December. The score was expected to drop to 96.

The balances of opinion associated with the level of order books, both global and foreign, strongly retreated, mainly due to manufacturing of "other transport equipment."

The balance of opinion on past production rebounded sharply in January, with the index rising to -1 from -9. Meanwhile, assessment regarding the current level of finished-goods inventories retreated. The corresponding indicator fell to 10 from 15 a month ago.

Business managers' view on order books sharply retreated, the survey showed. The order book balance plunged to -27 from -18. Likewise, the foreign order books slid to -19 from -8.

However, the balances relating to production and general production prospects increased in January.

The balance relating to general production prospects in the industry started to rise anew after a decrease from three consecutive months. The index logged -15 compared to -19 in the previous month.

The personal production outlook indicator came in at +1, up from -1 in December.

Further, the balance on economic uncertainty felt by business leaders fell in January. The index dropped to 29 from 32.

Regarding labor market, managers' view on the past evolution of workforce size decreased again. The gauge slid to -5 from -3. The index measuring expected workforce size remained unchanged at -1.

The balance of opinion relating to the expected trend in selling prices over the next three months strongly rebounded with the index climbing to 9 from 2 a month ago.

Confidence among business managers from the main sectors, namely manufacturing, construction, services, retail and wholesale trade rose marginally in January. The business confidence index edged up to 95 from 94 in the previous month.

태그 : EUR

German Unemployment Climbs Less Than Expected In June

Joblessness in Germany rose in June but at a slower than expected pace, official figures revealed on Tuesday, as activity in the biggest economy in the euro area remains sluggish.

RTTNews | 11 시간 49 분 전

Eurozone Inflation Hits ECB Target

Euro area inflation rose slightly to hit the European Central Bank's 2 percent target in June on slower fall in energy prices and the rise in services inflation, flash estimate from Eurostat showed on Tuesday. Annual inflation climbed to 2.0 percent in June from 1.9 percent in May. The rate reached the inflation target and also matched economists' expectations.

RTTNews | 18 시간 45 분 전

Eurozone Manufacturing Sector Contraction Slows In June

Eurozone manufacturing activity contracted at a slower pace in June as output showed a sustained expansion and total new work stabilized ending a 37-month period of decline, final survey data from S&P Global showed on Tuesday. The HCOB manufacturing Purchasing Managers' Index posted 49.5 in June, up from 49.4 in May. This was the highest score since August 2022.

RTTNews | 19 시간 19 분 전

Eurozone Household Lending Grows Most In 2 Years

Lending to euro area households grew the most in two years in May and overall private sector credit growth remained stable, data from the European Central Bank revealed on Monday. Adjusted loans to households increased 2.0 percent year-on-year in May, the strongest since May 2023, when it was up 2.1 percent. Meanwhile, loans to businesses grew 2.5 percent from a year ago.

RTTNews | 1 일 전

Eurozone Economic Sentiment Falls Unexpectedly

Eurozone economic sentiment weakened unexpectedly in June primarily driven by reduced confidence in industry and retail trade, a monthly survey data from the European Commission showed on Friday. The economic confidence index fell to 94.0 in June from 94.8 in May. The score was forecast to rise to 95.1. The industrial confidence index posted -12.0 in June, down from -10.4 a month ago.

RTTNews | 4 일 전

French Inflation Accelerates In June

France's inflation accelerated more than expected in June largely due to higher services costs but the overall rate remained below the 2 percent target, preliminary estimate from the statistical office INSEE showed on Friday. Consumer prices increased 0.9 percent year-on-year in June, faster than the 0.7 percent rise in May. The rate was forecast to remain unchanged at 0.7 percent.

RTTNews | 4 일 전

German GfK Consumer Confidence To Drop In July

German consumer confidence is set to drop in July after rising for three straight months as rising willingness to save offset the positive impetus provided by improved income prospects. The forward-looking consumer sentiment index fell unexpectedly to -20.3 in July from -20.0 in the previous month, a survey jointly published by the market research group GfK and the Nuremberg Institute for Market

RTTNews | 5 일 전

German Ifo Business Confidence Strongest In 13 Months

German business confidence rose to the highest level in 13 months in June driven by improving hopes that fiscal measures will underpin economic recovery, a closely watched survey showed on Tuesday. The business climate index registered 88.4 in June, up from 87.5 in May, the Munich-based ifo Institute revealed. This was the highest level since May 2024, when the reading was 88.9.

RTTNews | 7 일 전

EURUSD	1.17774	GBPUSD	1.37163	AUDUSD	0.65677
USDJPY	143.984	USDCAD	1.36474	USDCHF	0.79326

Advertisement

French Manufacturing Confidence Deteriorates