PARIS (MNI) – The following is the text of the overview of the
Bank of France’s June monthly business survey:
SUMMARY
In June, industrial activity picked up slightly compared with the
previous month. All sectors improved, with the exception of the
automotive sector and other transport equipment, which recorded a fall.
The capacity utilisation rate posted a small rise, but remained
below its long-term average.
Order books were deemed slightly above normal levels.
Inventories of final goods were close to targeted levels.
Forecasts point to stable levels of production in the coming
months.
Activity in the services sector increased, but at a much slacker
pace than in May; temporary work and IT posted slower growth.
Prices remained overall stable. Staff levels recorded a significant
rise.
The outlook for activity indicates a moderate increase in activity
in the short-term.
–Paris newsroom +331 42 71 55 40, e-mail paris@marketnews.com
[TOPICS: M$F$$$,M$X$$$,M$$EC$,MT$$$$]
