- France's third-quarter GDP fell 0.1% from the previous three months, against Bloomberg-surveyed analyst estimates of 0.1% expansion.
- Investment continued to decline and exports dropped, per statistics agency Insee.
- Inflation neared a three-year high in the same period, adding to pressure from surging borrowing costs.
- Violent protests and political and budgetary uncertainty add to the economic headwinds.
Quotes
“investment continued to decline and exports dropped”