Ron Burgundy Posted November 15, 2012 Share Posted November 15, 2012 PARIS (Reuters) - France's economy unexpectedly grew 0.2 percent in the third quarter as households splashed out on clothing and trade data turned positive, but economists said high unemployment and rising taxes made for a gloomy outlook. The preliminary data from the INSEE national statistics office confounded fears that France might slip into recession by year-end, although second-quarter output was revised down to show a 0.1 percent contraction instead of being flat. ... View the full article Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.