Worse prospects for France

[FN, MTI-Eco] French statistical institute Insee modified its French GDP-forecast to 2,1 percent from 2,3 for this year. Insee had already given a sign of a modifying earlier, and this forecast doesn’t contain the effects of September 11 terrorattacks in New York and Washington. In connection with the unemployment rate Insee said analysts expect a rate of about 9 percent to the end of this year regarding to the permanently growing tendency. In July Insee counted a rate of 8,5 percent.