French economy contracts 0.1 percent in first quarter
France's economy shrank 0.1% in the first quarter as exports and household spending declined. Unemployment rose to 8.1% amid global trade and energy pressures.
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France's economy shrank 0.1% in the first quarter of 2026, missing preliminary estimates of zero growth. The final data from statistics office INSEE fell below the average forecast of 0.0% from 19 economists. This contraction signals a cooling in the euro zone's second-largest economy as external shocks weigh on domestic demand.
