Thursday, the French statistical office INSEE said its business confidence indicator rose to 71 in April from 68 recorded in March. Economists had expected an increase to 69. The statistical office said the sentiment indicator increased a little after 15 months of fall.

The general production outlook indicator jumped to minus 18 from a revised minus 66 in the previous month, while the consensus forecast was for a reading of minus 67.

The gauge for personal production outlook rose to minus 35 from minus 47, which were revised from minus 45 reported initially. Economists had forecast an increase to minus 44.

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