Bank of France Raises Fourth-Quarter Growth Forecast

The French economy finished 2017 on a high note with strength in industry and services, a survey by the Bank of France showed Thursday.

Based on measures of business activity in its December survey, the Bank of France raised its fourth-quarter growth forecast to 0.6% quarter-on-quarter from 0.5% previously.

The central bank’s sentiment indicator for the manufacturing industry rose to 110 in December from 106 in November. In services, the indicator rose one point to 103.
Source: Dow Jones