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French manufacturers rein in 2019 investment plans: INSEE


PARIS (Reuters) – French manufacturing companies have lowered their investment plans from only a few months ago, according to a quarterly survey from the INSEE statistics agency on Tuesday.

Manufacturers plan on increasing investments in 2019 by 6%, down from a previous forecast in April of 11%, INSEE said, adding that the decrease was more than the 2 percentage points seen on average this time of year.

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