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✉news BusinessEconomy first seen 2 d ago, last 2 d ago, peak #3

French economy unexpectedly contracts as exports slump

Original: French economy unexpectedly contracts as exports slump in third quarter

France's economy shrank in the third quarter, defying expectations for growth, according to data reported by Reuters and picked up by multiple outlets. The contraction was attributed to a sharp slump in exports, raising fresh concerns about the strength of the eurozone's second-largest economy and adding pressure on the French government over its economic management.

Why now: The unexpected GDP contraction is new economic data that affects outlooks for France and the eurozone.

FranceFrench economyeurozone

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