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Bank of France predicts 0.2% growth in Q2

2014-05-12 2,277 Dailymotion

The Bank of France has predicted French GDP growth of 0.2 percent in the second quarter of 2014.<br /><br />That estimate anticipates that France, Europe’s second-largest economy, will grow at around half as much as the eurozone as a whole.<br /><br />The forecast comes amid reports of weak company morale despite a business push by the government, which is battling high unemployment and seeking to cut its deficit.<br /><br />The French central bank also estimate growth of 0.2 percent for the first quarter of 2014.<br /><br />The bank’s data also indicates that industrial production rose slightly in April.

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