Latest data released by INSEE - 21 October 2021

  • Prior 112
  • Manufacturing confidence 107
  • Prior 106; revised to 107
  • Services confidence 114
  • Prior 110

French business morale is holding up despite challenges to the economy with sentiment in the services sector particularly picking up considerably. Supply and capacity constraints as well as inflation pressures will be key impediments towards the year-end but for now, it doesn't look like there is much strain on business sentiment.