France 2012 growth forecast cut to 0.4%

June 26, 2012 By La rédaction de Mediapart

The national statistics institute says growth this year will be slightly less than the 0.5 percent previously forecast and budgeted by the government.

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The French economy will grow only 0.4 percent in 2012, the INSEE national statistics institute said on Tuesday, slightly less than the 0.5 percent previously forecast and budgeted by the government, reports AFP.

France 2012 growth forecast cut to 0.4%

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