Upbeat French morale boosts hopes for GDP

FRENCH business confidence remained strong into February, the Bank of France revealed yesterday.

The Bank’s measure of sentiment for manufacturing held at a high index rating of 110, while service sector morale rose by one point.

The scores prompted the Bank to anticipate GDP growth of 0.8 per cent for the first quarter of the year.

Meanwhile, the French trade gap widened to a deficit of €5.89bn (£5bn) in January, up from €5.06bn in December.