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France stalls in second quarter after downward GDP revision

El instituto estadístico oficial estima que el crecimiento económico entre abril y junio fue nulo frente a la estimación inicial del 0,2% y profundiza la caída de principio de año

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France stalls in second quarter after downward GDP revision

France's economy stagnated in the second quarter with zero growth, according to the national statistics institute, Insee. This is a downward revision from the previously estimated 0.2% growth. The institute also revised the data for the first quarter, with GDP contracting by 0.2%, worse than the 0.1% decline previously reported. The downturn is partly attributed to the impact of heatwaves on agricultural production.

Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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