France’s economy contracted by 13.8% in the second quarter of this year, amid nationwide lockdown measures imposed to contain the spread of the coronavirus.

Official growth statistics show that the shutdown of non-essential activities between mid-March and May hit almost every area of the economy.

According to the figures, the gradual ending of restrictions did lead to a slight recovery in May and June. The slump follows a 5.9% contraction in the first quarter.

Source : CNN

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.