French economy headed for a wall as GDP shrinks, finance minister warns
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France's gross domestic product unexpectedly shrank by 0.1 percent in the third quarter following stagnation in the second quarter and a 0.2 percent contraction in the first. Meanwhile, annualised inflation accelerated to 3.4 percent in October from 3.1 percent in September. Finance Minister Roland Lescure warned that the economy is at a standstill and could head for a wall unless parliament swiftly approves a deficit-reducing budget.
Continue in the app — vote & join in ➔Source: France 24 (EN) · via ahirlevel.hu