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Bank of France trims French first-quarter GDP growth estimate to 0.3 percent
April 10, 2017 / 6:45 AM / 4 months ago

Bank of France trims French first-quarter GDP growth estimate to 0.3 percent

Shipping containers sit stacked at the Port 2000 terminal in the Port of Le Havre, France March 14, 2017.Benoit Tessier

PARIS (Reuters) - The Bank of France on Monday trimmed its estimate for first quarter French economic growth to 0.3 percent, from an earlier 0.4 percent estimate, although the central bank kept its overall, estimate for annual growth of 1.3 percent.

The Bank of France's business climate survey showed a dip in the climate for the industrial sector, which edged down to 103 points in March from 104 points in February.

The business climate indicator for the services sector stood at 101 points in March, unchanged from February.

Reporting by Sudip Kar-Gupta; Editing by Adrian Croft

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