{"id":171411,"date":"2023-12-03T12:44:00","date_gmt":"2023-12-03T09:44:00","guid":{"rendered":"https:\/\/kupitiblog.store\/576r\/french-economy-contracts-in-q3-inflation-eases-further\/"},"modified":"2023-12-03T12:44:00","modified_gmt":"2023-12-03T09:44:00","slug":"french-economy-contracts-in-q3-inflation-eases-further","status":"publish","type":"post","link":"https:\/\/kupitiblog.store\/576r\/french-economy-contracts-in-q3-inflation-eases-further\/","title":{"rendered":"French economy contracts in Q3, inflation eases further"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/kupitiblog.store\/576r\/wp-content\/uploads\/1d317417e18309579a5c39ff47f0391b.jpg\"  \/> <span class=\"text\"> A sign reading &#171;Anti-inflation challenge, third price cut on more than 500 new products&#187; is seen as customers shop at a Carrefour supermarket in Montesson near Paris, France, September 13, 2023. REUTERS\/Sarah Meyssonnier\/File Photo<\/span> <i class=\"imgGrad\"><\/i>  <\/p>\n<p>PARIS (Reuters) -The French economy contracted by 0.1% in the third quarter of the year, revised data from the statistics office INSEE showed on Thursday, while November inflation eased more than expected. <\/p>\n<p>The contribution of gross fixed capital formation, which indicates how much of the new value added in an economy is invested rather than consumed, to France&#8217;s national output was revised considerably downwards, while the contribution of domestic demand also slowed to 0.2 points, INSEE said.<\/p>\n<p>The stats office said the contribution of external trade, at -0.4 points, had also negatively impacted gross domestic product (GDP) during the third quarter, as imports grew. <\/p>\n<p>In November, the EU-harmonised preliminary inflation came to 3.8% year-on-year, below a Reuters poll of 19 economists, which had predicted a figure of 4.1%. The inflation was down from 4.5% in October, helped by easing price pressure in energy and in the services sector.<\/p>\n<p>Food prices rose 7.6% in November, versus 7.8% in October while the increase in energy prices slowed to 3.1% after seeing an increase of 5.2% last month.<\/p>\n<p>Month-on-month, prices declined by 0.2% as falling transportation and energy prices offset a month-on-month rise of food prices, especially fresh produce.<\/p>\n<\/p>\n<p>Despite the unexpected economic contraction, the government kept its 1% growth forecast for 2023.<\/p>\n<p>&#171;I maintain my growth forecasts. We will have positive growth this year and higher growth in 2024 than in 2023,&#187; Economy Minister Bruno Le Maire said on French radio, adding that he was sticking with his forecast of 1.4% growth next year. <\/p>\n<p><p><a target=\"_blank\" rel=\"nofollow noopener\" href=\"http:\/\/www.investing.com\/news\/economic-indicators\/french-economy-contracts-in-q3-inflation-continues-to-ease-3246492\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A sign reading &#171;Anti-inflation challenge, third price cut on more than 500 new products&#187; is seen as customers shop at a Carrefour supermarket in Montesson near Paris, France, September 13, 2023. REUTERS\/Sarah Meyssonnier\/File Photo PARIS (Reuters) -The French economy contracted by 0.1% in the third quarter of the year, revised data from the statistics office &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3348],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>French economy contracts in Q3, inflation eases further - BiznesSMI - \u043a\u043e\u0442\u0438\u0440\u043e\u0432\u043a\u0438 \u0432\u0430\u043b\u044e\u0442, \u0430\u043a\u0446\u0438\u0438, \u0444\u043e\u0440\u0435\u043a\u0441, \u0438\u043d\u0434\u0435\u043a\u0441\u044b, \u0430 \u0442\u0430\u043a\u0436\u0435 \u0442\u0435\u0445\u043d\u0438\u0447\u0435\u0441\u043a\u0438\u0439 \u0430\u043d\u0430\u043b\u0438\u0437, \u0433\u0440\u0430\u0444\u0438\u043a\u0438, \u0444\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0435 \u043d\u043e\u0432\u043e\u0441\u0442\u0438 \u0438 \u0430\u043d\u0430\u043b\u0438\u0442\u0438\u043a\u0430.<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"ru_RU\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"French economy contracts in Q3, inflation eases further - BiznesSMI - \u043a\u043e\u0442\u0438\u0440\u043e\u0432\u043a\u0438 \u0432\u0430\u043b\u044e\u0442, \u0430\u043a\u0446\u0438\u0438, \u0444\u043e\u0440\u0435\u043a\u0441, \u0438\u043d\u0434\u0435\u043a\u0441\u044b, \u0430 \u0442\u0430\u043a\u0436\u0435 \u0442\u0435\u0445\u043d\u0438\u0447\u0435\u0441\u043a\u0438\u0439 \u0430\u043d\u0430\u043b\u0438\u0437, \u0433\u0440\u0430\u0444\u0438\u043a\u0438, \u0444\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0435 \u043d\u043e\u0432\u043e\u0441\u0442\u0438 \u0438 \u0430\u043d\u0430\u043b\u0438\u0442\u0438\u043a\u0430.\" \/>\n<meta property=\"og:description\" content=\"A sign reading &#171;Anti-inflation challenge, third price cut on more than 500 new products&#187; is seen as customers shop at a Carrefour supermarket in Montesson near Paris, France, September 13, 2023. 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