France's economy contracts by 0.1 pct in Q4 2024: INSEE


  • World
  • Saturday, 01 Mar 2025

PARIS, Feb. 28 (Xinhua) -- France's gross domestic product (GDP) contracted by 0.1 percent in volume terms in the fourth quarter (Q4) of 2024, following a 0.4 percent increase in the previous quarter, the French National Institute of Statistics and Economic Studies (INSEE) announced on Friday.

The contraction was partly attributed to the fading economic boost from the Paris Olympic and Paralympic Games, which had fueled growth in the preceding quarter, INSEE noted.

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