French Q2 GDP shrinks unexpectedly, sharp drop in importsStaff Writer | September 23, 2016
France's economy unexpectedly shrank in the second quarter of 2016 as weak domestic demand offset the impact on GDP from a sharp drop in the country's imports.
France Revised figures from INSEE:
In comparison to a year ago, GDP slowed a fraction, from the 1.4% pace observed in the first three months of 2016 to 1.3%. ■