The French business confidence index rose to 104 points in April
The indicator that measures the degree of confidence of French entrepreneurs in the country's economy, for the first time in the entire crisis period, exceeded the level of 100 points. According to data from the French statistical office, the corresponding index rose to 104 points in April. In March, it was at the level of 99 points. Analysts did not expect the index value to change. The indicator that characterizes expectations about the prospects for overall production decreased in April by 3 points compared to March to 2 points. At the same time, the indicator reflecting the survey participants' forecast about the dynamics of their own production increased to 12 points this month. In March, it was 7 points. The degree of confidence of French entrepreneurs showed different dynamics by industry. Thus, the index calculated for the service sector fell in April by 3 points compared to the March value to 91 points. In retail, the indicator fell by 5 points to 90 points. At the same time, in the construction industry, it increased by 2 points and amounted to 6 points.