PARIS: The French economy is set to grow 0.2 percent in the second quarter, the country's central bank said on Monday in a first estimate as the euro zone's second-biggest economy struggles to gain momentum.

The Bank of France has previously estimated that the economy also grew 0.2 percent in the first three months of the year.

The INSEE national statistics agency is due to report on growth for the period on Thursday.

The central bank gave its estimate in its monthly business climate survey for April which showed that morale in the industrial sector slipped to 98 from 99 in March, pulling back from the index's long-term average of 100.

In the services sector, the indicator was unchanged from March at 94.

Business leaders polled in both sectors said their cash positions had improved despite cutting prices for clients and that they expected activity to improve this month.