Bank of France trims 2019 growth to 1.3% from 1.4% previously

Author: Greg Michalowski | Category: News

Lowers estimate for 2020 as well

The Bank of France trimmed 2019 growth forecast to 1.3% from 1.4% previously. They also lowered their estimates for 2020  by 0.1% to 1.4% from 1.5% previously. 

They lowered their estimate on the back of demand for trading partners for exports weakening and consumers saving extra income rather than spending it.  

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