French/German growth difference not structural

GERMANY - France's economic growth has outpaced that of Germany for several years recently but the stronger growth was due to special, not structural factors and the gap should narrow in the future, the Bundesbank said on 16 August.

The main drag on Germany's growth has been the weakness of its construction sector, hit by overcapacity after the initial post-reunification boom in the early 1990s, the German central bank said in its August monthly report.

It also said French consumers were spendi