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French FinMin "Vigilant" After Economy Unexpectedly Contracts In Q1

French FinMin "Vigilant" After Economy Unexpectedly Contracts In Q1 “We remain vigilant, without giving in to being alarmist,” said French Finance Minister Roland Lescure on social media after the Gallic nation saw its economy unexpectedly shrink at the start of the year. French gross domestic product fell 0.1% in the three months through March, the first quarterly contraction since the COVID pandemic, raising concerns over its resilience to the fallout from the Iran war. Statistics office INSEE had initially reported zero growth for the quarter, but a sharper decline in consumer spending than expected...
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