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France July business confidence 94 vs 99 prior

Services confidence 95Prior 101Manufacturing confidence 95Prior 99

There were declines across all business sectors, with employment conditions also worsening on the month. The latter fell from 100 in June to 96 in July. Overall, business are pointing to renewed weakness in demand conditions as the main cause.

This article was written by Justin Low at www.forexlive.com.

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