BoF's Noyer says French GDP forecast plausible

In an interview on Monday 7 February, Bank of France governor Christian Noyer said the government's 2.5 per cent forecast for GDP growth in 2005 is plausible, although economists have suggested the figure is too optimistic.

In an interview with RTL radio, Noyer said it is too early to have a precise idea of growth over the full year, but the 2.5 pct forecast "is in the realm of plausibility."

"We may have 2 pct, we may have 2.5 pct, we may have something between the two, and then we could see e

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