France's Economy Grew by 0.7% in 4th Quarter
January 28 2022 - 01:59AM
Dow Jones News
By Maria Martinez
The French economy grew in the fourth quarter, although at a
slower pace than in the previous quarter because of a surge in
coronavirus infections.
The eurozone's second-largest economy expanded by 0.7%,
following 3.1% growth in the previous 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 0.5% on quarter.
On an annualized basis, the economy expanded by 5.4% in the
fourth quarter.
Spain, Germany and Belgium will also release figures on gross
domestic product Friday.
Write to Maria Martinez at maria.martinez@wsj.com
(END) Dow Jones Newswires
January 28, 2022 01:44 ET (06:44 GMT)
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