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French business confidence improves

French industrial sector confidence improved in November, official statistics show today, but analysts said the gain was unlikely to mean brisker overall economic  growth this year.

An index measuring sentiment in the manufacturing sector rose to 110 in November from 108 in October, according to the national statistics institute INSEE. 

Analysts attributed  the showing to robust economic activity and demand in France's key  trading partners. The component of the index measuring foreign order books rose to a reading of 4 in November from 3 in October.