💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Bank of France sees second-quarter growth of 0.2 percent

Published 08/07/2014, 07:41
Bank of France sees second-quarter growth of 0.2 percent

PARIS (Reuters) - The French economy grew only 0.2 percent in the second quarter after stalling in the first three months of the year, the French central bank said on Tuesday.

The Bank of France's estimate was unchanged from a previous projection which also pegged growth during the period from April through June at 0.2 percent.

© Reuters. Coils of steel are seen at the ArcelorMittal Factory in Florange

The central bank updated its growth estimate in its monthly business climate report which put its measure of sentiment in the industrial sector was unchanged - at 97 - from May.

Confidence in the services sector was also stable - at 93 - compared with the previous month.

(Reporting by Nicholas Vincour; Editing by Andrew Callus)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.