Pursuits
Bank of France Sees Weaker Fourth-Quarter Growth After Attacks
- Manufacturing sentiment fell to 98 in November from 99
- Hollande failing to create jobs as the National Front surges
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The Bank of France cuts its forecast for fourth-quarter growth in the euro region’s second-largest economy, confirming business has been affected by the Nov. 13 terrorist attacks that killed 130 in Paris.
France’s gross domestic product will grow 0.3 percent in the final three months of the year, the Paris-based central bank said in a release on Tuesday. While that’s the same pace as in the third quarter, it falls short of the bank’s original estimate of 0.4 percent growth for the following period. Sentiment among manufacturers unexpectedly fell to 98 in November from 99 in October, while a service industry index dropped to 96 from 97.