Don't miss

Replay


LATEST SHOWS

DEBATE

Judging the Past: Auschwitz 'bookkeeper' goes on trial in Germany (part 1)

Read more

EYE ON AFRICA

Al-Shabaab bomb kills 4 unicef workers in Somalia

Read more

ENCORE!

Caitlin Doughty invites us to 'Ask a Mortician'

Read more

FOCUS

Serge and Beate Klarsfeld publish memoirs of Nazi-hunting years

Read more

THE BUSINESS INTERVIEW

'Liberalism is a French tradition', says France's most liberal man

Read more

EYE ON AFRICA

Xenophobic attacks in South Africa prompt regional crisis

Read more

REPORTERS

Turkey’s hidden Armenians search for stolen identity

Read more

IN THE PAPERS

Mediterranean: 'On average, one migrant dies every two hours'

Read more

IN THE PAPERS

'A plea to Europe: Stop this tide of death'

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)