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Global Economic News

French GDP Growth Slows As Expected

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
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The French economy grew at a slower pace towards the end of the year as political and fiscal uncertainty weighed on investment and consumption, official data revealed on Friday.

Gross domestic product posted a quarterly growth of 0.2 percent in the fourth quarter, the statistical office INSEE reported.

The rate came in line with expectations and followed third quarter's 0.5 percent expansion and the 0.3 percent rise in the second quarter.

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