The French government reviews its growth forecasts upwards for 2012
26th March 2012On 22nd March French Economy and Finance Minister François Baroin indicated that the French government was revising its economic growth forecasts upwards for the next two years. Hence growth is planned to rise to 0.7% in 2012 and to 1.75% in 2013. This re-assessment follows a revised increase by the National Statisticis and Economic Studies Institute (INSEE) of its growth forecasts in 2012. According to the statistics institute these are due to be zero in the first quarter and 0.2% in the second quarter.
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