Tuesday, April 10, 2012

Reuters: Market News: French economy posted zero growth in Q1 - BoF

Reuters: Market News
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French economy posted zero growth in Q1 - BoF
Apr 10th 2012, 06:36

PARIS, April 10 | Tue Apr 10, 2012 2:36am EDT

PARIS, April 10 (Reuters) - France's economy remained stable in the first quarter of 2012 with zero growth, the Bank of France estimated in its monthly report on Tuesday, indicating the euro zone's second largest economy had avoided a recession.

The Bank also said that its business sentiment indicator for industry was unchanged in March at 95 versus February.

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