France's National Institute of Statistics and Economic Studies (INSEE) revised down French growth for this year's fourth quarter, due to expected negative impact of Paris attacks on economic activities in the eurozonz's second biggest power.

According to the institute, France's economy would grew by 0.2 percent in the 4th quarter 2015, lower by 0.2 points compared to a previous estimate mainly because of lower demand "as the fears generated by the Nov. 13 terrorist attacks have had a negative effect on the consumption of certain services".

Household consumption, the key growth engine of French economy, is expected to fall by 0.1 percent from a 0.4 percent increase forecasted in the previous quarterly economic outlook.

INSEE attributed the decrease to the 0.3 percent decline in services which was projected to reduce fourth-quarter growth by 0.1 percentage point. Adding to that, warm weather pulled households energy consumption down by 0.8 percent.

Despite the wane economic performance during the last three months, the French growth was set at 1.1 percent for the whole year of 2015 in line with the government's target.

Thanks to expected rebound in households expenditure and buoyant investment, the second European leading economy would quicken its GDP by 0.4 percent in the first and second quarters next year, according to INSEE figures.

The projected improvement in growth outlook would help the government to bring down unemployment to 10.4 percent by mid 2016 from 10.6 percent in the third quarter of this year, the highest for any quarter in 18 years. Endit

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