BIZ BRIEFS

Eurozone growth

PARIS: Eurozone indicators to be released this week are expected to reveal solid gains in industrial output in the zone’s three major economies as well as a rise in retail sales. French economic growth is meanwhile predicted to have slowed to around 0.5 per cent in the third quarter from 1.2 per cent recorded in the second, in line with the Bank of France’s survey-based estimate. While strong private consumption will support growth, net exports are likely to make a negative contribution. — AFP