PARIS: France's central bank on Wednesday revised down its forecast for first quarter economic growth to 0.3 percent from a previous estimate of 0.4 percent.
The Bank of France's business sentiment indicator for the manufacturing industry fell to 103 points in March from 105 in the previous month, as orders and deliveries slowed.
Its business sentiment indicator for the country's services sector held steady at 103 points, hovering around its highest level seen since May 2011, and the central bank said staff levels continued to increase "fairly rapidly".
Official readings of business and consumer confidence have scaled multi-year peaks since the election of President Emmanuel Macron last May on the back of an agenda to reform the economy and help businesses.
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