BUSINESS
15:07, May 31, 2022
File photo: CGTN
France's economy shrank in the first quarter as households spent even less than previously thought due to rising inflation, the statistics agency said Tuesday, lowering an initial estimate of zero growth.
The economy contracted by 0.2 percent in the first three months of the year while household spending fell by 1.9 percent, according to INSEE.
We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies
