The French economy is closing its second quarter to rise

Gross Domestic Product (GDP) of France has grown by 0.3% in the third quarter, according to the Bank of France, which today remained unchanged its earlier economic forecast in its monthly survey on the situation in industry and services. Confirmed these data, would be the second consecutive quarter of recovery, and that between April and June the French GDP rose 0.3% after three consecutive quarters of decline.
The Bank of France said in a statement that the business climate indicator in industry stood at 92 points in September, compared to the 89 August and the level 100 which marks the average since 1981 when it began conducting this study. In the case of services, this index rose two points over August to 84 integers. The central bank said industrial activity in September as a whole remained stable compared to the previous month. The utilization rate of production capacity increased slightly, but continued to "an even weaker."
In fact, the order books of companies also recovered, but still remained "below normal", while inventories of finished products remained close to the desired level. In the coming months, the prospects of the Bank of France is that the activity will continue "at the current level.
The French Government had revised upward mid-September economic forecasts for both this year, when estimated a decline in GDP of 2.25% (instead of a drop of 3% until then) to the next, in the it expects a recovery of 0.75% instead of 0.5%.