Bank of France Sees 0.3 Percent First Quarter Growth
The Bank of France reported 0.3 percent growth for the first quarter. While manufacturing held up, firms warn of rising uncertainty and expected price hikes in April.
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The economy of France grew by 0.3% in the first quarter, according to the latest monthly outlook from the Bank of France. This growth rate marks a slight acceleration from the 0.2% expansion recorded in the final quarter of last year, placing the euro zone's second-largest economy on track to meet an annual growth target of 0.9%. The uptick was partly attributed to businesses front-loading orders in anticipation of price hikes linked to geopolitical instability.
