Tuesday, September 23, 2014

INSEE confirms the absence of spring growth – Boursorama

INSEE confirms the absence of spring growth – Boursorama

The business district of La Defense, near Paris (AFP / File / Fred Dufour)

The business district of La Defense, near Paris (AFP / File / Fred Dufour)

France grew none of its gross domestic product in the second quarter as the first, said INSEE Tuesday, confirming an initial estimate of 14 August.

While taking a picture of a French slowing economy, the Insee in particular has announced that if the purchasing power of households had increased in the second quarter, 0.5% compared to the first, the margin of French companies, one of the lowest in Europe, s’ was instead degraded to 29.3% against 29.8% earlier this year.

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