The Bank of France released its growth forecasts on Friday. France’s central bank expects the French economy to expand 1.4% in in 2016, unchanged from the previous estimate, 1.5% in 2017, down from the previous estimate of 1.6%, and 1.6% in 2018.

Inflation is expected to be 0.2% in 2016, down from the previous estimate of 1.0%, and 1.1% in 2017, down from the previous estimate of 1.5%.

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