France and Italy tipped for growth

France and Italy have emerged as countries appearing set for strong economic growth in the months ahead.

The latest composite leading indicators (CLIs) from The Organisation for Economic Co-operation and Development show the two countries - which are already out of recession - to have seen respective improvements of 1.3 points and two points in August

This put France up 6.6 points higher than in August 2008, while the annual improvement in Italy was 10.4 points.

Such figures may suggest that the property markets in those countries will be able to enjoy healthy growth as a result of strong economic recoveries.

France has already had a potential boost in recent days with news that the uSwitch.com Quality of Life Index has rated it the best of ten major nations in Europe as a place to live.

This was based on factors such as life expectancy, healthcare investment, the cost of living and weather.

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