Don't miss

Replay


LATEST SHOWS

FOCUS

35 Basque independence activists face trial in Spain

Read more

ENCORE!

Angoulême comics festival: The power of the pencil

Read more

WEB NEWS

Mexican government declares missing students dead

Read more

INSIDE THE AMERICAS

'Snowmageddon' is snow problem for New York

Read more

EYE ON AFRICA

Libya violence: At least 4 foreigners among those killed in hotel attack

Read more

EYE ON AFRICA

Mali: 12 people die in suicide attack against MNLA

Read more

IN THE PAPERS

'Who will follow in Charlie Hebdo's footsteps?'

Read more

IN THE PAPERS

Searching for a 'blizzard buddy'

Read more

BUSINESS DAILY

Facebook user base now bigger than China’s population

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)