France's economy is expected to grow 0.5% in the third quarter


The Bank of France surveyed the leaders of the French business, the survey showed that the French economy would grow by 0.5% in the third quarter. The previous forecast suggested an increase of 0.4%. The business activity index in manufacturing in France reached 105 points in September, having increased from 103 points in August. The survey showed significant growth in all areas of industrial production, except for the automotive and metallurgical industries. The leaders of French companies expect further growth in business activity in the industry. The index of activity in the services sector rose to 103 points from 102 points. In October, the growth rate is expected to accelerate. The index of business sentiment in construction increased to 105 points from 104 points.

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