France's economy grew by 0.2% in the second quarter, avoiding recession

According to Jinshi, due to the recovery of domestic demand and a rebound in exports, the French economy returned to growth in the second quarter, avoiding a recession. The French National Institute of Statistics announced on Thursday that GDP rose by 0.2% in the second quarter (previous value decreased by 0.1%), in line with forecasts.

The rebound of the eurozone's second-largest economy brings a positive outlook for the entire region, although rising oil prices have increased inflation, burdened households, and suppressed investment.