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Bank of France keeps third-quarter growth forecast unchanged, likely to witness rebound

The Bank of France has maintained status quo on its third-quarter economic growth forecast for the country that is likely to witness a rebound after a small dip in output during the second quarter of this year. The centr…

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The Bank of France has maintained status quo on its third-quarter economic growth forecast for the country that is likely to witness a rebound after a small dip in output during the second quarter of this year.

The central bank kept its third-quarter growth forecast unchanged at 0.3 percent on the quarter.

The Bank of France's monthly business survey for September showed that sentiment remained steady in construction, at 98, and in manufacturing, also at 98.

Meanwhile, the long-term average for the indicators is 100. In services, the sentiment indicator rose slightly to 97 from 96.

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