India, Feb. 24 -- French manufacturing sentiment weakened to a three-month low in February on falling production outlook and orders, survey results from the statistical office INSEE showed Tuesday.
The manufacturing confidence index dropped more-than-expected to 102 from 105 in the previous month. The score was forecast to drop marginally to 104.
This was the lowest reading since November and remained below its long-term average of 100.
The overall weakness in sentiment largely reflects deterioration in manufacturers' opinion regarding production and their global order books.
The past production index fell to 3 in February from 7 in the previous month. Meanwhile, the index measuring finished-goods inventory rose to 9 from 7.
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