(France24) France’s economy contracted unexpectedly by 0.1 percent in the third quarter amid a drop in investment as growth in the German economy, the engine of European growth, slowed to 0.3 percent on sluggish exports, official data showed Thursday.
France’s economy unexpectedly contracted slightly in the third quarter amid a drop in investment as growth in the German economy, Europe's biggest, slowed to 0.3 percent on sluggish exports, official data showed Thursday.
France’s €2 trillion ($2.7 trillion) economy shrank 0.1 percent in the third quarter, slowing sharply from growth of 0.5 percent in the previous three months, the official INSEE statistics agency said Thursday.
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