Market Report, "France Infrastructure Report Q2 2012", Published
BMI View: A worsening outlook for the French economy has resulted in BMI downgrading its forecast for the country's construction industry value from growth of 1.2% year-on-year (y-o-y) last quarter to a modest 0.8%. However, our view that the infrastructure sector will outperform the residential and nonresidential construction segment in terms of growth over our forecast period to 2021 remains intact.
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