French October Business Confidence Unexpectedly Ticks Higher

The Les Halles shopping area in Paris.

Photographer: Nathan Laine/Bloomberg

French business confidence unexpectedly inched higher in October, driven by improvements in the manufacturing and retail sectors.

A measure of sentiment rose to 97, the highest level since April, according to data published Thursday by statistics agency Insee. Economists surveyed by Bloomberg had expected another reading of 96 — a level it has been at since June.