Bank of France sees French Q3 GDP growth at 0.4 percent

PARIS, Aug 8 (Reuters) - The French economy is expected to grow by 0.4 percent in the third quarter, the Bank of France said in a business survey report on Wednesday that suggests a slight pick up in the economy compared to the second quarter.

Last month, official data showed that France - the euro zone's second-biggest economy - had posted growth of 0.2 percent for the second quarter.

Elsewhere, there have been further signs of a slowdown in the French economy due partly to higher oil prices and concerns over protectionism, but the Bank of France said business leaders expected a pick-up in industrial activity in August.

The Bank of France's survey added that the business sentiment indicator for industry stood at 101 points in July, unchanged from June, although the sentiment reading for the services sector edged lower. (Reporting by Sudip Kar-Gupta; Editing by Brian Love)