Vive l’Optimisme! French Export Orders Hit February 2008 High — Panjiva
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Vive l’Optimisme! French Export Orders Hit February 2008 High

Business Sentiment 220 Consumer Staples 805 France 167

French businesses’ export order confidence high its highest since February 2008 in the October INSEE survey. The +2% reading compares to a long-term average of -14% and a recent low of -11% in November. Sentiment rose in the food and beverages sector despite a forthcoming slump in wine production. Confidence may reflect pro-business policies from the Macron regime, while worries about Brexit and American tariffs haven’t yet impacted activity. A sixth straight rise in exports in August will have helped confidence of course.

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