Marco Kramer
Marco Kramer
bottom data driver euro forced france french german growth less line might outlook picture revised run seems strong survey upbeat year zone
The bottom line is that France seems to have run through a metamorphosis from a euro-zone driver to a growth laggard. Those who revised up their euro zone GDP growth outlook for this year on the back of strong German survey data might now be forced to take the much less upbeat French growth picture also into account.
forecast growth looks might risks
It looks like GDP growth forecast risks might be on the upside.