Today at 10:38 AM
Rising trade tensions and political instability in France slow its GDP growth
Global trade tensions and political uncertainty in France keep putting the European country's economy under pressure. Insee expects French GDP to expand by about 0.1% in the first three months of 2025 after it contracted similarly last quarter. In both cases, analysts predicted a 0.1% rise, according to Bloomberg.
From April to June, the second largest economy in Europe is expected to expand by 0.2%, Insee reported. The new US president's unpredictable tariff policies and France's domestic problems are slowing the country's GDP growth. However, in order to meet the 0.9% target for 2025, the economic growth should accelerate to at least 0.6% in the third and fourth quarters, Bloomberg said.
Recommended
EU plans to boost cooperation with other nations to counter US import tariffs
Today at 11:37 AM
Canada's inflation accelerated in June amid tariff disputes with US — BNN Bloomberg poll
Today at 11:15 AM
Bank of Japan may revise inflation outlook upward amid soaring food and fuel prices
Today at 10:03 AM
Today at 9:53 AM
Donald Trump's actions have mostly negative impact on US economy — Morgan Stanley
Today at 9:31 AM
Top news
Today at 9:53 AM
Today at 9:46 AM
Today at 8:18 AM
Today at 8:13 AM