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Bank of France forecasts third-quarter French economic growth at 0.3%

Bank of France forecasts third-quarter French economic growth at 0.3%
# 08 August 2019 11:14 (UTC +04:00)

The French economy is expected to grow 0.3% in the third quarter, the country’s central bank said on Thursday, a slight pick-up for the euro zone’s second-biggest economy, APA reports citing Reuters.

Last month, official data showed a slowdown in French economic growth, with the country’s economy expanded 0.2% in the second quarter, down from 0.3% in the first quarter.

The Bank of France also added in its monthly survey on Thursday that business sentiment for the manufacturing industry and services sectors was unchanged in July compared to June.

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