France confirms economy's 3Q stagnation
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The French economy ground to a halt in the third quarter as exports slowed, the national statistics agency confirmed Tuesday.
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France's economic growth ground to a halt in the third quarter of 2004, the official statistics agency Insee said Tuesday, reducing its earlier estimate of a 0.1 percent expansion.
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New data shows third-quarter slowdown in euro-zone growth
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A report aimed at rejuvenating France's economy has been presented to president Nicholas Sarkozy.
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The U.S. economyÂs third-quarter slump was not as bad as first estimated, but indicators suggest a steeper decline is coming soon.
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The economy grew at a 3.8 percent annual rate in the April-to-June quarter, slightly less robust than a previous estimate of a 4 percent growth rate.
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PARIS, Nov 30  - The French economy is set for growth in the next two years and unemployment should begin to fall once oil prices ease, the OECD said here Tuesday.
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The economy grew at a 3.7 percent annual rate in the third quarter _ a pace slightly better than in the spring but not as strong as many analysts expected.
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The French economy is expected to grow 2.1 percent this year, but will limp through the first half of 2005 at a 1.4 percent pace that threatens the official full-year target of 2.5 percent, the national statistics office INSEE said.
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The UK economy grew at its fastest rate in three years in 2007, but growth slowed towards the end of year.
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The German economy shrank by 0.2 percent in the last three months of 2004, a preliminary estimate by the federal statistics office, Destatis, shows, confirming a slowdown in activity in the eurozone's biggest economy in the second half of last year.
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The French economy will surpass European Commission estimates, figures from the Bank of France indicate.
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Germany&#39;s recovery slowed in the third quarter as exports slipped, with the economy growing by 0.1 percent from the previous three months, according to government figures released Thursday.
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The economy nearly stalled in the first quarter with growth slowing to a pace of just 0.6 percent. That was the worst three-month showing in over four years.
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Britain's industrial sector appears to have been a bigger drag on overall economic growth in the third quarter than was first assumed.
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BEIJING - Growth in China's economy slowed slightly in the third quarter, a sign that tightening measures were taking effect, the government said yesterday. Economists said the peak of the latest boom may have passed.
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France's economy grew by a 0.5 percent in the first quarter, the state statistics agency said Friday, thanks in part to a pickup in consumer spending. But the growth was slower than the 0.6 percent expansion forecast by analysts.