PARIS, Nov 30 (AFP): The eurozone's second-largest economy France shrank slightly in the third quarter, official data showed Thursday, while the inflation weighing on consumers eased in November.
Gross domestic product (GDP) retreated by 0.1 percent in July-September, statistics authority INSEE said, returning close to flatline following a strong second-quarter expansion.
INSEE pointed to revitalised household consumption over the three months, counterbalanced by slowing investments and falling exports.
Thursday's figure was a revision of an earlier estimate that showed the economy expanding slightly in the third quarter.
French economy shrinks in Q3 as inflation slows
FE Team | Published: December 01, 2023 00:20:45
French economy shrinks in Q3 as inflation slows
Share if you like