French industrial confidence slips: official index

23rd June 2010, Comments 0 comments

French industrialists lost confidence slightly in June and reported weak order books, the official statistics institute INSEE reported on Wednesday.

INSEE said that its index of manufacturing confidence slipped by two points to 95, having fallen to a record low of 70 points at the depths of the recession in March 2009.

The index has rallied by stages since but remains far below the long-term average of 100 points.

© 2010 AFP

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