France's economy remained flat in the first quarter due to sluggish domestic demand and weaker exports and consumer price inflation hit the highest since mid-2024, driven by surging energy prices, official data showed Thursday.
Gross domestic product stalled in the first quarter after expanding 0.2 percent in the fourth quarter, according to the first estimate from the statistical office INSEE. GDP was expected to grow 0.2 percent.
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Forex News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.