French Economy Grows 0.4% in Q3 Amid Paris Olympics

Reported 28 days ago

The French economy grew by 0.4% in the third quarter of 2024, surpassing estimates driven by the influx of tourists for the Paris Olympics, according to preliminary data from INSEE. This growth followed a 0.2% increase in the previous quarter and prompted a rise in consumer spending by 0.5%. Finance Minister Antoine Armand highlighted this achievement as positive for employment and purchasing power, amid ongoing efforts to approve the 2025 budget and address the deficit.

Source: YAHOO

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