French Economy Slows Nearly to a Halt as Exports Slump

The French economy grew more sluggishly over the summer as production and exports slowed, suggesting tight monetary policy is squeezing industry in the country.2024 Paris Olympics – Workers work on the roof of the Paris Olympic Aquatics Centre, Saint-Denis, near Paris, France, October 6, 2023.

The eurozone’s second-largest economy grew 0.1% between July and September compared with the previous quarter, after a more dynamic 0.6% increase booked in the prior three-month period, according to data set out Tuesday by national statistics agency Insee.