Live Comments Bank of Franc MIBA suggests 0.3% GDP growth in Q3

    Bank of Franc MIBA suggests 0.3% GDP growth in Q3

    As noted in the latest Bank of France Business Survey report, the monthly index of business activity suggests that the country’s GDP would growth 0.3% in Q3.

    Manufacturing industry business sentiment indicator stood at 95. Industrial production rose “moderately” and staff levels were “stable”. Activity is expected to continue to grow at the same pace in August.

    Services business sentiment indicator stood at 100. Service sector activity “picked up slightly” and is expected to continue to growth at same pace in August.

    In construction, the business sentiment indicator stood at 104. Construction sector activity bounced back, both in structural and finishing works. Construction sector growth is expected to “return towards its long-term average in August.”

    Full report here.

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