Open Menu

France's Economy Contracted 0.1% In Second Quarter: Revised Data

Fahad Shabbir (@FahadShabbir) Published September 23, 2016 | 12:15 PM

France's economy contracted 0.1% in second quarter: revised data

PARIS, (UrduPoint / Pakistan Point News -23rd Sep,2016) - France's economy contracted by 0.1 percent in the second quarter, the Insee statistics agency said Friday, revising an initial estimate of zero growth.

The revision, which shows both consumers and businesses held back spending in April through June, will be unwelcome news for the government as it puts together its 2017 budget and as campaigning in the French presidential election gets under way.

Prize Bonds Results

Prize Bonds
PSX 100 Index Live

PSX 100 Index
Currency Rates in Pakistan

Currency Rates
Gold Prices in Pakistan

Gold Prices
Petrol Prices in Pakistan

Petrol Prices
Cryptocurrency in PKR

Crypto

Related Topics

Election Pakistan Budget France Paris April June September 2017 2016 Government

Recent Stories

Mired in crisis, Boeing reports another loss

Mired in crisis, Boeing reports another loss

8 hours ago
 Session Awarding Ceremony 2024 held at Cadet Colle ..

Session Awarding Ceremony 2024 held at Cadet College Muzaffarabad

8 hours ago
 Austrian ski great Hirscher to make comeback under ..

Austrian ski great Hirscher to make comeback under Dutch flag

8 hours ago
 Pakistan, Japan agrees to convene 'Economic Policy ..

Pakistan, Japan agrees to convene 'Economic Policy Dialogue'

8 hours ago
 FM Dar conveys deepest sympathy on torrential rain ..

FM Dar conveys deepest sympathy on torrential rains devastation in UAE

8 hours ago
 Spain PM Sanchez says weighing resignation after w ..

Spain PM Sanchez says weighing resignation after wife's graft probe

8 hours ago
Tennis: ATP/WTA Madrid Open results - 1st update

Tennis: ATP/WTA Madrid Open results - 1st update

8 hours ago
 Long-lost Klimt portrait auctioned off for 30 mn e ..

Long-lost Klimt portrait auctioned off for 30 mn euros

8 hours ago
 Osaka seals first win on clay since 2022 in Madrid

Osaka seals first win on clay since 2022 in Madrid

8 hours ago
 Earthquake jolts Karachi

Earthquake jolts Karachi

8 hours ago
 Sindh minister orders operation after attack on po ..

Sindh minister orders operation after attack on police in Ghotki

8 hours ago
 TikTok to fight US ban law in courts

TikTok to fight US ban law in courts

8 hours ago

More Stories From Business