French Industrial Sentiment Holds Near Two-Year Low: Economy
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French industrial confidence held near its lowest in more than two years in September as the economy stagnates and tax increases loom.
A measure of sentiment among factory executives was unchanged at 90, national statistics office Insee said in Paris today. Economists expected a reading of 89, according to the median of 18 forecasts in a Bloomberg News survey of economists. A gauge that includes retailers, builders and service industries fell to a three-year low of 86 from 87 in August.