Tuesday, April 2, 2013

The Banque de France confirms forecast a decline of 0.1% PIB

PARIS (Reuters) - The Bank of France confirms forecast a contraction of 0.1% of the French economy in the fourth quarter of 2012, in its third and final estimate based on a monthly survey released Thursday.

The growth figure for the fourth quarter will be released on February 14 by INSEE. The Statistical Institute said late December forecast a decline of 0.2% of GDP in the fourth quarter, before a modest recovery beginning 2013.

survey of the Bank of France also showed an increase of 4 points in the business climate indicator in industry, 95, the service is stable 91.

According to the Bank of France, "industrial production rose slightly in December, despite a further decline in machinery and equipment and a decrease in other transport equipment (aircraft construction, shipbuilding and railway)" .< / p>

deliveries have intensified in all sectors, with the exception of equipment manufacturers and machines.

utilization rate of production capacity has stabilized and order books are at a level deemed insufficient despite best sell orders .

stocks of finished products are close to the desired level, ajoute-t-elle.

prices of raw materials and finished products are slightly appréciés.

"The forecast of business leaders expect a stable business in January," we read in the communiqué.

In services, the activity is almost stable, the decline in temporary work and car repairs which, under the BoF, offsetting the increase in activities informatiques.

prices remained stable and the numbers have slightly fléchi.

"Forecasts are facing a very slight increase in activity in January," said Bank of France.

Jean-Baptiste Vey, edited by Sophie Louet

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