Olivier Gasnier Quotations

Business confidence has not advanced in France for three months and the gap in relation to Germany is growing.

There are really no encouraging signs in this survey.

Could this drop in confidence affect spending? It seems unlikely due to the notable disconnect between changes in confidence and spending.

This is the low point. Consumer prices will go back up. We've been saying this for months.

This is worse than expected but not surprising given the development of other European countries' indicators. I believe the rebound is slowing down, and we are back at levels seen three months ago.

This is a very strong report on nearly all fronts.

It seems the rises seen in the last few months were not justified and this fall is in line with economic conditions.

The drop in industrial capital goods is a disappointment - I hope it's just an accident.

The deterioration of the trade gap is amazing. Half of it is due to the higher energy bill but it's also the industry that's bad at exporting and strong spending that's benefiting mainly imports.