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France slides towards recession as GDP goes backwards

A fall in exports and a decline in household consumption were behind the contraction, as the country grapples with global shocks including the Iran war and US tariffs.

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thisismoney.co.ukStai leggendo3 mesi fa

France slides towards recession as GDP goes backwards

A fall in exports and a decline in household consumption were behind the contraction, as the country grapples with global shocks including the Iran war and US tariffs.

originale

thelocal.fr3 mesi fa

'An unpleasant surprise': France faces spectre of recession

French GDP shrank 0.1 percent in the first quarter, official data showed Friday, a downward revision from previous estimates that analysts warn could herald a recession for the eurozone's second-biggest economy.

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venerdì 29 maggio 2026·thelocal.fr
'An unpleasant surprise': France faces spectre of recession
French GDP shrank 0.1 percent in the first quarter, official data showed Friday, a downward revision from previous estimates that analysts warn could herald a recession for the…
venerdì 29 maggio 2026·thisismoney.co.uk
France slides towards recession as GDP goes backwards
A fall in exports and a decline in household consumption were behind the contraction, as the country grapples with global shocks including the Iran war and US tariffs.