French Economy Shrinks 0.1% as Finance Minister Warns of Risks if Budget Fails
New figures show that the French economy is shrinking. If the government fails to pass the budget, the country could be heading “straight for the wall.”
BusinessNew figures show that the French economy is shrinking. If the government fails to pass the budget, the country could be heading “straight for the wall.”
BusinessIndustrial production in France fell 0.7 percent in February compared with January, according to the French statistics agency Insee. That was an unexpectedly large decline.
BusinessFrance's GDP grew by 1.1 percent in the fourth quarter, according to recent estimates from INSEE, France's statistics agency. That was slightly less than the average forecast of 1.2 percent, according to Bloomberg.
BusinessDecember inflation in France, the eurozone's second-largest economy, stood at 1.3 percent, according to the French statistics agency INSEE. It was the same inflation level as in November.
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