empty
 
 

2019.10.0903:06:00UTC+00Bank Of France Retains Q3 Growth Forecast At 0.3%

The Bank of France on Wednesday retained its growth forecast for the third quarter.

According to the monthly survey, the economy is set to expand 0.3 percent in the third quarter, unchanged from the previous estimate.

Further, data showed that the manufacturing sentiment index dropped to 96 in September from 99 in August.

Industrial production contracted largely reflecting the weakness in machinery and electronic equipment. However, business leaders expect industrial output to grow again in October.

In the service sector, the business confidence index came in at 99 in September versus 100 in August.

Service sector activity slowed in September. Leaders project activity to accelerate in October.

In construction, the business confidence index rose slightly to 105 from 104 in August. Construction sector activity was up sharply in September.

Business leaders forecast construction sector activity to continue to grow at a sustained pace in October.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback