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10 Sep 2014
France's Industrial Output grows in July against forecasts - BNP Paribas
FXStreet (Łódź) - Helene Baudchon, economist at BNP Paribas, comments on the French Industrial Production data for July, which grew 0.2% against forecasts of a 0.4% drop.
Key quotes
"Despite its modest size, this increase is rather a good surprise, especially given the deterioration in business confidence in the sector."
"The growth prospects for Q3 remain aligned with the two preceding quarters that is nil growth."
Key quotes
"Despite its modest size, this increase is rather a good surprise, especially given the deterioration in business confidence in the sector."
"The growth prospects for Q3 remain aligned with the two preceding quarters that is nil growth."