Underperforming French economy deepens Macron's woes

For the second quarter in a row, France's gross domestic product expanded only 0.2 percent, crashing down from the 0.7 percent rate averaged in 2017, while consumer spending, the country's main growth engine, is faltering, having contracted in the second quarter for the first time in almost two years.

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President Emmanuel Macron’s World Cup high lost more of its sheen on Friday, with figures showing economic growth unexpectedly failed to pick up, reports Bloomberg.