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Sept. 24, 2020, 2:52 a.m. EDT

French manufatcuring sector sentiment beats view

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By Maria Martinez

Sentiment in the French manufacturing sector continued its steady recovery in September, after a historic 30-point decline in April due to the coronavirus.

Figures from the French national statistics agency's monthly survey on Thursday showed manufacturing sentiment rose to 96 in September compared with a revised figure of 92 in August. Despite the increase, manufacturing sentiment still remains below the long-term average of 100.

The reading is above economists' consensus forecast of 95 in a survey conducted by The Wall Street Journal.

Insee said sentiment recovered across all sectors, although at a slower pace than in previous months.

Write to Maria Martinez at maria.martinez@wsj.com

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