PARIS (Reuters) – The French economy should post growth of 0.2% in the first quarter after an increase of 0.1% in the previous quarter, thanks to growth in market services, the Banque de France (BdF) announced on Thursday ) in its monthly economic survey.
In March, the BdF anticipated growth in the first quarter at 0.2%.
“According to the business leaders participating in our survey (…), activity increased in March in market services, particularly those aimed at households, and remained stable in industry and construction,” notes the BdF in its survey of around 8,500 companies.
“We estimate that GDP would increase in the first quarter of 2024 by around +0.2%, (…) driven by services,” she adds.
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(Written by Augustin Turpin, Corentin Chappron, edited by Sophie Louet)
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