PARIS: French business confidence in the manufacturing sector ticked down slightly in February, although it remains close to the long term average.
Confidence among business leaders in the manufacturing sector fell to 99 in February from 100 in January, French statistics bureau Insee said Tuesday. The reading has been at 99 or 100 since November 2014.
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A wider measure of confidence–including wholesale, construction, retail and services–remained at 94 in February, the same level as the three previous months.
