In the fourth quarter is expected GDP growth in France of 0.5%
According to a study from the Bank of France, it is expected that the economy of France in the fourth quarter to grow in a stable pace.
According to forecasts, gross domestic product will increase by 0.5% in the fourth quarter, the same rate was recorded in the third quarter.
Sentiment among manufacturers rose to its highest level since April 2011. The corresponding index was 106 in October on a revised figure of 105 in September.
Economists had forecast that the indicator will rise to 105 with the original expected figure 104.
Business leaders expect industrial production to increase at the same rate in November.
The index of business optimism in the service sector increased slightly to 102 in October relative to 101 last month. The figure was the highest since June 2011.
Activity levels increased in all sectors except accommodation and meals. It is expected that activity in the service sector to accelerate slightly in November.
At the same time, the indicator in the construction sector in October remained stable at 103. Business leaders expect that in November the activity will increase at a slower pace.