The Pak Banker - - FRONT PAGE -

France's eco­nomic growth is set to pick up slightly in the early part of this year, data showed Mon­day, build­ing on its big­gest ex­pan­sion in four years in 2015.

The Bank of France said it ex­pected the eu­ro­zone's se­cond big­gest econ­omy to grow by 0.4 per­cent of gross do­mes­tic prod­uct (GDP) in the first three months of this year. That is a small in­crease from 0.2 per­cent in the fourth quar­ter of last year.

The Bank of France based its es­ti­mates on its monthly sur­vey of busi­nesses, which an­tic­i­pate a slight im­prove­ment in in­dus­trial ac­tiv­ity, as well as the ser­vices and con­struc­tion sec­tors this month.

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