Paris, May 28 (Prensa Latina) Extreme poverty is currently affecting as many as 1.9 million people in France principally in overseas areas, the National Institute of Statistics and Economic Studies (INSEE) published.
A much-expected rebound of France’s economy failed to materialize in the first quarter as key sectors remained sluggish after more than a year of restrictions amid the COVID-19 pandemic, official data showed yesterday.
GDP contracted by 0.1 percent in the first three months of the year, the French The National Institute of Statistics and Economic Studies said, in a sharp reversal of its previous estimate of 0.4 percent growth.
French authorities began ordering business closures and travel bans in several regions in March the tail end of the quarter ahead of a third round of pandemic restrictions implemented last month.
France
France s Q1 GDP contracts by 0 1 pct QoQ - World News sina.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sina.com Daily Mail and Mail on Sunday newspapers.
PARIS, May 28 (Xinhua) France gross domestic product (GDP) contracted by 0.1 percent in the first quarter (Q1) of 2021 compared with the fourth quarter of 20