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Bank of France estimates that GDP returned to growth in Q4

  • The Bank of France has estimated that the country's GDP rose 0.2% in Q4 after a fall of 0.1% in Q3.
  • However, industrial output contracted 0.3% on month in December after rising 1.2% in November and missed consensus that production would show no change. (PR)
  • The business climate indicator for the industrial sector remained unchanged in January at 99. The reading for the services sector increased to 94 from 93 in December.
  • CAC 40 (EWQ) futures are -0.4%, while the euro is flat at $1.3639.
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