Bank of France lower growth estimates

Sees higher inflation in 2018 and 2019

The Bank of France has lowered the growth estimates for GDP

• 2018 1.8% vs 1.9% last (down -0.1%)
• 2019 1.7% vs 1.9% last (down -0.2%)
• 2020 1.6% vs 1.9% last (down -0.3%)

On inflation the central bank now sees:

• 2018 2.00% vs 1.6% last (up 0.4%)
• 2019 1.5% vs 1.4% last (up 0.1%)
• 2020 1.8% vs 1.8% last (unchanged)