Don't miss

Replay


LATEST SHOWS

BUSINESS DAILY

Markets muted as UK begins Brexit proceedings

Read more

THE DEBATE

'Thank you and goodbye': Clock starts on Brexit negotiations (part 1)

Read more

THE DEBATE

'Thank you and goodbye': Clock starts on Brexit negotiations (part 2)

Read more

ENCORE!

Film show: 'Ghost in the Shell', 'The Confession' and Jean Rouch centenary

Read more

FOCUS

Italy: Anti-establishment mayor of Rome faces grim reality of power

Read more

MIDDLE EAST MATTERS

Refugees of rap: Using music to speak out about the Syrian war

Read more

THE POLITICAL BRIEF

Rise of populism: Could far-right leader Le Pen be France's next president?

Read more

IN THE PAPERS

Countdown to Brexit: 'The eyes of history are watching'

Read more

IN THE PAPERS

'Brexit: Day One'

Read more

Business

GDP down 1.1 % in the fourth quarter of 2008

Latest update : 2009-03-27

New data from the French national statistics body INSEE shows that the country's GDP shrunk 1.1 % in the fourth quarter of 2008. It's slightly better than the 1.2% drop expected but France's growth was just 0.7 % for the whole year.

AFP - The French economy shrank a revised 1.1 percent in the fourth quarter of last year, slightly better than the initial estimate of a 1.2 percent contraction, official figures showed Friday.
  
The national statistics body INSEE said, however, that the fourth quarter revision did not change its full-year 2008 growth figure of 0.7 percent.

Date created : 2009-03-27

COMMENT(S)