Market estimates are for 0.9%

Just a headline so far from BBG and no further commentary from S&P

Update: Here’s the blurb from S&P

  • Sees 2014 GDP at 0.4% from 0.5%
  • 2015 0.7% from 1.1% prior
  • 2016 1.2% from 1.6% prior
  • Says GDP growth will rely on consumer spending which has stagnated since 2011
  • Poor competitiveness and corporate profitability has lead to lacklustre economic performance

France should be creaming the profits now that they’ve got their wish of a lower euro. I’m predicting 5% growth for them next year

;-)