French business confidence at near 10-year high
French President Emmanuel Macron
Paris - Egypt Today
French business confidence hit a near 10-year-high in November, French statistics agency INSEE said on Thursday, providing a boost for President Emmanuel Macron.
The confidence indicator, based on a survey of French business people, rose two points in November to 111, its highest level since January 2008 and well above the long-term average of 100 points.
The jobs market, measured by employers' hiring plans, also improved in November, INSEE said, with its indicator rising one point to 109 to reach its highest level since 2011.
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