France BC
  • Prior 100
  • Manufacturing confidence 96
  • Prior 100; revised to 101
  • Services confidence 100
  • Prior 102

While business confidence is continuing to ease lower, falling back below its long-term average of 100 now, the thing to note in the report is that employment conditions have worsened significantly. The employment indicator fell from 106 in July to 101 in August and that points to more evident strains in labour market conditions.