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French finance minister denies revision to 2013 growth forecast

Pierre Moscovi says there is "no change" in the country's growth forecast, after he gave an interview suggesting the figure had been revised downward.

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French finance minister Pierre Moscovici said on Sunday that there has been "no change" in the country's 2013 growth forecast, after it appeared the figure had been revised downward, reports FRANCE 24.

"There was no change in the growth forecast as I have read it," the minister told journalists in Paris.

"I have not made any revision on the forecast of growth in France," he said.

Moscovici was responding to reports of an interview published Saturday with Nice Matin newspaper in which he estimated that growth of France's gross domestic product (GDP) this year would end up somewhere between -0.1 percent and 0.1 percent.

"We know the trends and this year growth will be weak and between -0.1 and 0.1 percent," he told the paper.

Previous forecasts had shown that the French government expected to present a modest growth of around 0.1 percent.

At the same time Moscovici insisted France was out of recession.

Also on Sunday he told RTL radio that the growth forecast of between -0.1 and 0.1 percent made reference to figures "totally within the public domain" and which "reflected the consensus of economic institutes".

Read more of this AFP report published by FRANCE 24.