Dow Jones Newswires: France’s economy grew 0.2% in third quarter, beating forecasts

by | Oct 28, 2022 | Stock Market

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 maria.martinez@wsj.com

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