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Economy News

French economy shrinks by 13.8 pct in Q2

A worker is seen at a construction site in Clichy, near Paris, France, Aug. 8, 2020. France's economy contracted by 13.8 percent in the second quarter (Q2) after household consumption and investment, the country's main growth engines, tumbled under severe economic fallout from anti-coronavirus lockdown, national statistics institute (INSEE) said on Friday.


File photo taken on June 18, 2020 shows the La Defense business area in Paris, France.


People walk in front of the Pyramid of Louvre Museum in Paris, France, Aug. 8, 2020. 

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