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France's Economic Growth Slows to 0.1% in Third Quarter
France's economy recorded a growth rate of just 0.1% in the third quarter of 2026, following a period of stagnation in the previous quarter, as reported by the Bank of France. This minimal growth is attributed to several factors, including rising energy costs, a decline in manufacturing output, and sluggish activity in the construction sector.
Business confidence is waning, with many companies opting to delay investments amid increasing uncertainty. Additionally, households are reportedly reducing their spending, further contributing to the economic slowdown. The automotive sector is expected to face significant challenges, with production potentially declining sharply in October due to ongoing supply shortages.
Official figures detailing the gross domestic product (GDP) for the third quarter are scheduled to be released on October 30, 2026, which will provide further insights into the state of the French economy.
Source: KLEA News