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France’s business climate improved slightly in August, with the headline index compiled by the national statistics office INSEE edging up to 97 from 96 a month earlier, in line with economists’ expectations. Sentiment in manufacturing remained unchanged at 96, matching both July’s reading and market forecasts. Within the survey, managers’ assessment of their production outlook ticked up to –11 from –12, while the own-company production outlook rose to –3 from –4, signalling a modest easing of pessimism even as absolute levels stay below the long-term average. The largely steady readings suggest corporate confidence is stabilising after a weak first half of the year, reinforcing expectations that any rebound in French industrial output will be gradual.
