France's GDP growth slows to 0.2% in 3rd quarter, meeting market estimates

On annual basis, French economy grows 1% in July-September, easing sharply from 4.2% growth in previous period

By Tuba Sahin

ANKARA (AA) - France's gross domestic product (GDP) growth slowed to 0.2% in the third quarter of this year, according to provisional data released on Friday.

The French economy grew 0.2% in July-September from the previous three-month period, in line with market forecasts. The figure eased from 0.5% in the second quarter, the National Institute of Statistics and Economic Studies said.

While final domestic demand contributed positively to GDP growth this quarter, foreign trade made a negative contribution.

On an annual basis, GDP rose 1% in the September quarter, easing sharply from 4.2% growth in the previous quarter.

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