The French economy contracted by 0.1% in the third quarter, according to revised data from the statistics office INSEE. This unexpected contraction suggests that the euro area's second largest economy is succumbing to a broader slowdown. Additionally, November inflation in France continued to ease more than expected, printing 0.3%-points below consensus. Meanwhile, Germany's unemployment rate unexpectedly rose to the highest level in 2 1/2 years, indicating the weakness of Europe's biggest economy is starting to impact its labor market.
French economy contracts in Q3: November inflation eases below expectations https://t.co/rPRcRD8LWn https://t.co/RxRc5XwqGS
Unemployment rate rises in Germany https://t.co/Kq9yl68NF0 https://t.co/sWcpSyNqCG
French economy contracts in Q3, inflation eases further https://t.co/H6Q85n7Dca https://t.co/glw3sQKoWC
Germany’s unemployment rate unexpectedly rises to the highest level in 2 1/2 years, a sign that the weakness of Europe’s biggest economy is starting to impact its labor market https://t.co/urnQNnS6M5
Germany’s unemployment rate unexpectedly rises to the highest level in 2 1/2 years, a sign that the weakness of Europe’s biggest economy is starting to impact its labor market https://t.co/8xYfE91MoP
Germany’s unemployment rate unexpectedly rises to the highest level in 2 1/2 years, a sign that the weakness of Europe’s biggest economy is starting to impact its labor market https://t.co/7p7BnsVp0S
French economy sees surprise negative quarter French economy contracted 0.1% in third quarter vs +0.6% in 2Q While output had remained relative strong as Germany suffered the brunt of a manufacturing slowdown, French statistics agency Insee on Thursday revised the 0.1%…
The French economy unexpectedly contracted in the third quarter, indicating the euro area’s second largest economy is succumbing to a broader slowdown https://t.co/HhxHBrh0rX
⚠️ FRENCH ECONOMY CONTRACTS IN Q3, INFLATION CONTINUES TO EASE The French economy contracted by 0.1% in the third quarter of the year, the revised data from the statistics office INSEE showed on Thursday, while November inflation continued to ease more than expected. https://t.co/ecoCglqgLd
The French economy unexpectedly contracted in the third quarter, indicating the euro area’s second largest economy is succumbing to a broader slowdown https://t.co/u7qAlnqKbT
The French economy unexpectedly contracted in the third quarter, indicating the euro area’s second largest economy is succumbing to a broader slowdown https://t.co/1QeBWSeOUi
Also French inflation prints 0.3%-points below consensus Very very soft inflation report from Europe this month https://t.co/o67fwXMmTR https://t.co/HVsyvvYyiE