PARIS, March 8 France's economy will grow by a
mere 0.1 percent in the first quarter of this year, the central
bank said on Friday, maintaining its forecast that the euro
zone's second-biggest economy is dodging recession.
The bank's business confidence indicator for industry rose
to 96 in February from 95 a month earlier, while the reading for
services fell to 88 from 90 in January.
Business managers' forecasts are predicting a stable level
of industrial activity in March and a slight fall in the
services sector, the Bank of France said in a monthly report.
The French economy contracted by 0.3 percent in the last
quarter of 2012, statistics office INSEE said last month. The
European Commission expects France to barely grow this year,
forecasting a 0.1 percent expansion.