About: GDP growth

Economy & Jobs 30-04-2020

First quarter results ‘officially’ herald French recession

The French economy is officially in recession as it shrunk by 5.8% in this year's first quarter due to the country's strict lockdown measures in place since mid-March, according to an initial estimate unveiled on Thursday (30 April) by France's National Institute for Statistics and Economic Studies (INSEE). EURACTIV France and AFP report.