Bank of France expects the French economy to expand 0.3% in the third quarter

Market news

8 September 2015

Bank of France expects the French economy to expand 0.3% in the third quarter

The Bank of France released its monthly report on Tuesday. The central bank expects the French economy to expand 0.3% in the third quarter.

The Bank of France noted that industrial activity increased slightly in August due to weak performance of chemicals and metalworking sectors.

The activity in the services sector rose in August due to a rise in temporary work and transport services.

The central bank expects the economy to grow 1.2% in 2015, 1.8% in 2016 and 1.9% in 2017.

National Federation of Independent Business’s small-business optimism index for the U.S. increases to 95.9 in August

U.S. Stocks open: Dow +1.59%, Nasdaq +1.81%, S&P +1.62%

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