Latest News:  


French central bank estimates slight growth in second quarter


19:07, May 13, 2013

PARIS, May 13 (Xinhua) -- France's central bank on Monday estimated a slight rise in second-quarter economic growth to 0.1 percent.

Despite a grim business outlook in the eurozone, France's industrial activity progressed in April driven by transport equipment that registered brisk deliveries, the bank said.

Last month's capacity utilization rate gained 0.6 percentage points to 75.9 percent but remained below its long-term average, and "the industrial sector would contract slightly in May," the bank added.

In its monthly economic report, the central bank said the performance of the service industry was stable as "the recovery in temporary work was offset by a contraction in hotel-catering and other service activities that have suffered from poor weather conditions."

For the short term, the bank foresaw a stable outlook.

April's business sentiment indicator in industry was at 94 points, up by one point from March while services were stable.

France, Europe's second largest economy, targeted a 0.1-percent growth this year, 1.2 percent in 2014 and 2 percent annually between 2015 and 2017, by promoting economic activities and boosting competitiveness.

We Recommend:

Successful women:
Rich and beauty

Sweet 'lovers hotel' making good profit

Americans would shun
a Chinese brand

Jack Ma to resign as
Alibaba CEO: Video

Int'l auto show kicks off in SW China

Top 10 most profitable
public companies

Sony releases super
slim table in Hong Kong

Spring hopes maid themes will draw numbers

Quake-hit ebony carving struggling to recover

Email|Print|Comments(Editor:MaXi、Gao Yinan)

Leave your comment0 comments

  1. Name


Selections for you

  1. Warship open day popular with youth

  2. New Zealand's frigate revisits Shanghai

  3. Photos of the week (May 4 - May 11)

  4. Red Dress Run 2013 in Beijing

  5. Levitating

  6. Shanghai to improve grassroots healthcare

  7. Photos of 19th-century Beijing to be auctioned in London

  8. Beijing claims title of cheerleading championship

  9. 8th Shenzhen Int'l Brand Underwear Fair

  10. Rain, snow may eat into grain harvest

Most Popular


  1. Disclosure delays help fuel online rumors
  2. Yuan appreciation nears limit: experts
  3. Renaming 'Arab Spring' cannot hide prejudice
  4. Negative forecast leads Rio Tinto to lay-off
  5. Suffer the children, suffer the country
  6. China, India have wisdom to handle sensitive issues
  7. Ending 'too big to fail' going to be hard work
  8. PwC: Environment hard for Chinese banks
  9. The Rise of the South
  10. Chance for dual face-to-face talks slim

What’s happening in China

Levitating Beijingers

  1. No fairytale ending for amusement park
  2. Give mothers a break: report
  3. Number of left-behind children passes 60m
  4. Shanghai to improve grassroots healthcare
  5. Pizza Hut puts customers' private info at risk