France on track for first-quarter growth

17th January 2005, Comments 0 comments

PARIS, Jan 17 (AFP) - A Bank of France survey of business leaders pointed to French economic growth of 0.6 percent in the first quarter of 2005, the central bank said in its December report that was released on Monday.

PARIS, Jan 17 (AFP) - A Bank of France survey of business leaders pointed to French economic growth of 0.6 percent in the first quarter of 2005, the central bank said in its December report that was released on Monday.

The survey also led the bank to cut its growth estimate for the fourth quarter of 2004 to 0.7 percent from 0.8 percent previously. For the full year 2004, however, the bank kept its gowth forecast of 2.2 percent.

The survey's business sentiment indicator fell to 104 in December from 105 in November.

© AFP

Subject: French News

0 Comments To This Article