France industry confidence weakens in November
France’s manufacturing business climate indicator fell to 98 in November 2025 from 101 in October, moving below expectations and its long-term average of 100.
Pessimism notably worsened for overall order books, which dropped to -20 from -15 in October, and for foreign orders, which fell to -15 from -4, mainly affecting other transport equipment.
Optimism for personal production prospects eased to 14 from 19, though it remained well above the long-term average, while past production improved (-10 vs -13) but stayed below average.
Positive sentiment about finished-goods inventories declined (16 vs 19), general production prospects remained weak at -10, and economic uncertainty held near 30.
Workforce balances turned slightly negative (-1 vs 0), and expected selling price trends fell to 2 from 4.
By sector, confidence rose in food products and beverages, increased in computer, electronic, and optical products, fell in transport equipment, and improved slightly in other manufacturing.
UCapital Asset Management LLP or group companies may have commercial relationships with the companies mentioned. This content is not financial advice.
Sign up for free to ask the AI about this article.
Growth, inflation and rates across the major economies, with the impact on your business.