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The French economy continues to show signs of
strength despite uncertainty ahead of the presidential elections. Business
sentiment surveys are now back at their 2011 levels across all sectors,
indicating the recovery is broad-based and more resilient to external shocks.
We still forecast GDP growth will rise to 1.4% this year from 1.1% in 2016, with a
further pick-up to 1.6% in 2018.
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