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DNFGY Dongfeng Motor Group Company Ltd (PK)

15.765
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Dongfeng Motor Group Company Ltd (PK) USOTC:DNFGY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 15.765 13.50 15.05 39 21:02:10

France's 2013 GDP Growth Was Likely 0.1%-0.2% -- Finance Minister

02/02/2014 7:32pm

Dow Jones News


Dongfeng Motor (PK) (USOTC:DNFGY)
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   By Inti Landauro 
 

PARIS--France's finance minister Sunday said the country's gross domestic product in 2013 likely expanded between 0.1% and 0.2% as the government had expected, despite a slight contraction in the third quarter.

"I have all reasons to think economic growth was close to 0.1% and 0.2%, which is certainly not enough," Pierre Moscovici said in an interview with French radio RTL Sunday evening.

He reiterated a forecast he had made three months ago after a slight 0.1% contraction in the third quarter.

The French government expects economic growth will speed up this year with a 0.9% expansion.

Separately, Mr. Moscovici said it is important car maker PSA Peugeot stays majority-owned by French investors even after Chinese car maker Dongfeng takes a stake in the company as part of a deal expected in the coming weeks to inject capital into Peugeot.

Write to Inti Landauro at inti.landauro@wsj.com

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