France’s Economy Stalls in Q1 with Zero GDP Growth
France’s economy failed to expand between January and March, recording zero growth in the first quarter. Data from the national statistics agency showed weak domestic demand and a sharp drop in exports weighed heavily on activity. Earlier forecasts had predicted modest growth of up to 0.3 percent, but both the Banque de France and INSEE revised their outlooks downward before confirming the flat performance. Analysts link the slowdown to reduced consumer spending and wider global tensions, including the recent conflict in the Middle East, which has disrupted trade. The surprising results raise fresh concerns over France’s economic momentum. With internal demand still fragile and external shocks looming, policymakers face pressure to support a recovery that stalled just as global conditions turned more challenging.
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