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

Market news

10 May 2016

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 Tuesday. French economy is expected to expand at 0.3% in the second quarter, after a 0.5% growth in the first quarter.

The manufacturing business confidence index remained unchanged at 99 in April. Companies expect a growth in activity to accelerate in May.

The services business sentiment index remained unchanged at 96 in April. But services companies expect a rise in activity in May.

The construction business sentiment index increased to 97 in April from 96 in March. Companies expect an increase in activity in May.

European stock markets mid session: stocks traded higher on the mixed economic data from the Eurozone

U.K. trade deficit in goods narrows to £11.2 billion in March

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