During the third quarter of 2019, France’s GDP registered a year-over-year growth rate of 1.35%, which was lower than the one from the previous quarter. Regarding the labor market, the unemployment rate increased with respect to the second quarter of the year, reaching 8.30%, while the employment creation growth rate went down when compared to 2Q19, to a rate of -0.33%. For its part, inflation registered a 1.00% rate, after a deceleration when compared to the previous quarter. The euro depreciated against the dollar, reaching an exchange rate of 1.11 $/€.
For more information, click here to access the executive document in pdf.
© GMS Management Solutions, S.L., 2020. All rights reserved. The information contained on this publication is of a general nature and does not constitute a professional opinion or an advisory service. The data used in this publication come from public sources. GMS Management Solutions, SL assumes no liability for the veracity or accuracy of such data.