France's economy grew 0.3% in Q2, exceeding forecasts; Spain reported 0.8% expansion, driven by exports and household spending.
France's economy grew 0.3% in Q2, surpassing the INSEE forecast of 0.2% and a Reuters poll average, driven by a slight increase in domestic demand and a rebound in production within the country. Spain also reported a 0.8% expansion, driven by exports and strong household spending. These figures put France on track to meet or even exceed Finance Minister Bruno Le Maire's forecast of 1.0% overall growth in 2024.
July 30, 2024
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