May 4, 2017 / 7:34 AM / 3 months ago

French manufacturers to hike investment 6 percent in 2017: INSEE survey

An employee works at a glass factory in La Chapelle-Saint-Mesmin, near Orleans, France March 10, 2017.Benoit Tessier

PARIS (Reuters) - French manufacturing companies expect to boost investments this year by six percent, the most since 2011, a quarterly survey by the INSEE official statistics office showed on Thursday.

The estimate was up slightly from five percent the last time the survey was conducted in January and follows a four percent increase in 2016, INSEE said.

Manufacturers of electrical, electronic and machine equipment expected particularly strong investments this year, flagging a 27 percent increase.

Reporting by Leigh Thomas; Editing by Sudip Kar-Gupta

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below