Reuters logo
France in recession as Q1 GDP contracts 0.2 pct -INSEE
June 26, 2013 / 6:56 AM / in 4 years

France in recession as Q1 GDP contracts 0.2 pct -INSEE

PARIS, June 26 (Reuters) - France’s economy contracted 0.2 percent in the first three months of the year, a quarter marked by weak business investment and exports, the official INSEE statistics agency said on Wednesday, confirming an earlier estimate.

The reading confirmed that the euro zone’s second-largest economy entered recession at the start of the year after a 0.2 percent contraction in the fourth quarter of 2012.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below