France's Industrial Output grows in July against forecasts - BNP Paribas

FXStreet (Łódź) - Helene Baudchon, economist at BNP Paribas, comments on the French Industrial Production data for July, which grew 0.2% against forecasts of a 0.4% drop.

Key quotes

"Despite its modest size, this increase is rather a good surprise, especially given the deterioration in business confidence in the sector."

"The growth prospects for Q3 remain aligned with the two preceding quarters that is nil growth."