Market Report, "France Infrastructure Report Q1 2013", Published
BMI View: We have revised down our estimate for the French construction industry in 2012, from an earlier forecast of 1.2% year-on-year (y-o-y) growth to a more cautious estimate of 0.6%. We remain positive about relatively stronger growth during the remainder of our forecast period - with growth forecast to average 1.0% y-o-y (in real terms) between 2013 and 2021; however, we highlight that the protracted resolution of the eurozone sovereign debt crisis and the limited scope for the government...
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