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Bank of France predicts 0.2% growth in Q2

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Bank of France predicts 0.2% growth in Q2

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The Bank of France has predicted French GDP growth of 0.2 percent in the second quarter of 2014.

That estimate anticipates that France, Europe’s second-largest economy, will grow at around half as much as the eurozone as a whole.

The forecast comes amid reports of weak company morale despite a business push by the government, which is battling high unemployment and seeking to cut its deficit.

The French central bank also estimate growth of 0.2 percent for the first quarter of 2014.

The bank’s data also indicates that industrial production rose slightly in April.