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French October Business Confidence Unexpectedly Ticks Higher

French October Business Confidence Unexpectedly Ticks Higher

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French business confidence unexpectedly inched higher in October, driven by improvements in the manufacturing and retail sectors.

A measure of sentiment rose to 97, the highest level since April, according to data published Thursday by statistics agency Insee. Economists surveyed by Bloomberg had expected another reading of 96 — a level it has been at since June.

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