The economy of France grew by 0.3% in the fourth quarter


The National Institute of Statistics and Economic Studies Insee published the final data on the growth of the country's economy in the fourth quarter of last year. Growth estimate for the quarter is confirmed at the level of 0.3%. Relative to the same quarter of 2017, the growth of the French economy was fixed at 0.9%. Both indicators confirmed the forecasts of experts. France's GDP for the whole 2018 increased by 1.6%. Compared with a rise by 2.3% a year earlier, economic growth in the country slowed down. The European Commission expects the French economy, the second largest in the eurozone, to grow by 1.5% in 2019. According to another official report, the index of business confidence in the country's economy in March amounted to 104 points, having risen from February's value of 103 points.

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