France’s economy grew 0.2% in third quarter, beating forecasts

The French economy expanded in the third quarter, beating economists’ forecasts amid strong domestic demand.

The eurozone’s second-largest economy grew 0.2% in the third quarter, French statistics agency Insee said Friday in a first estimate for the period. Economists polled by The Wall Street Journal had forecast the economy would grow by 0.1% on quarter.

Year on year, the economy expanded by 1.0% in the third quarter.

Domestic demand contributed 0.4% to GDP growth, while trade was a drag for growth.

Spain and Germany are also scheduled to release figures on gross domestic product Friday.

Write to Maria Martinez at [email protected]

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