France Posts Slight Growth in Boost for Struggling Euro Zone

10/31/2023 14:59
France Posts Slight Growth in Boost for Struggling Euro Zone

French output grew slightly in the third quarter — providing some support to the euro area as it grapples with higher interest rates and prolonged manufacturing weakness.

French output grew slightly in the third quarter — providing some support to the euro area as it grapples with higher interest rates and prolonged manufacturing weakness.

Gross domestic product in the bloc’s second-largest economy rose 0.1% in the three months through September, data Tuesday showed. That’s down from a revised 0.6% in the previous quarter and is in line with expectations.

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