La Banque de France predicts 0.3% growth in second quarter

La Banque de France stated on the 13 May that the country's GDP should grow by 0.3% in the second quarter, based on initial estimations of the most recent synthetic activity indicators. The growth predictions by La Banque de France are in line with those of the Insee (National Institute for statistics and economic studies) who in their latest report on economic conditions, have also suggested a 0.3% growth in GDP over the same period. According to the central bank's monthly report, company chiefs expect a rise in industrial production in May, after an April slowdown, notably due to a ...