French Economy to Sustain Firm Growth in 4Q -Survey

By William HorobinFeaturesDow Jones Newswires

The French economy will grow 0.5% on quarter in the final quarter of the year, sustaining the firm pace recorded throughout 2017, a survey by the Bank of France showed Monday.

The Bank of France's monthly survey is the latest indicator of a broad economic rebound in France and rising optimism among the country's business leaders.

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The central bank's November survey of business activity showed industrial production continued to rise and should "expand at a sustained pace in December." The services sector accelerated and activity in construction rose sharply in November, although both sectors are set to expand at a slower pace in December, the Bank of France said.

The Bank of France's sentiment indicators across all sectors were unchanged in November from October at levels above long-term averages.

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(END) Dow Jones Newswires

December 11, 2017 02:54 ET (07:54 GMT)