Bank of France expects the country’s economy to expand at 0.3% in the second quarter

Market news

8 June 2015

Bank of France expects the country’s economy to expand at 0.3% in the second quarter

The Bank of France released its gross domestic product (GDP) forecasts for France on Monday. French economy is expected to expand at 0.3% in the second quarter due to a rise in industrial production and services activity.

The manufacturing business confidence index climbed to 99 in May from 98 in April due to an increase in agri-food, automobile, and pharmaceutical sectors.

The services business sentiment index remained unchanged at 95.

The construction business sentiment index was up to 93 in May from 92 in April.

Housing starts in Canada declines to a seasonally adjusted annualized rate of 201,705 units in May

Canada: Building Permits (MoM) , April 11.6%

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