France to Dodge Threat of Year-End Recession, Central Bank Says
11 Articles
11 Articles
France to dodge threat of year-end recession, central bank says
France's Economy Set for Moderate Growth, Bank of France Warns on ...
The French economy is expected to grow slightly in the fourth quarter of this year, but there is "unusually" high uncertainty surrounding that forecast following the recent violent riots and political unrest in the country, the French central bank reports.
Fuel prices and social anger fuel business uncertainty, according to the Bank of France, which has not yet presented an estimate for economic activity in the fourth quarter.
FRANCE'S central bank expects moderate growth in the final quarter and the avoidance of recession. The forecast is based on a survey of companies that predict an acceleration in activity despite political uncertainty.
PARIS (ANP/BLOOMBERG) - The French economy is expected to grow slightly in the fourth quarter of this year, but there is "unusually" high uncertainty surrounding that forecast following the recent violent riots and due to political unrest in the country. This is reported by the French central bank. In h...
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