France's economy contracts 0.1% in the third quarter and government warns of crash risk without fiscal adjustment

FinanceInternationalNoticias RCNOct 30, 2026, 6:58 AM35 s readAI summary

France's economy contracted 0.1% in the third quarter of 2026, according to Insee, marking three consecutive quarters without growth. Economy Minister Roland Lescure called the situation "paralyzed" and warned the country could "crash" if the fiscal adjustment in the 2027 budget is not approved, which aims to cut the deficit to 5% of GDP. Inflation rose to 3.4% year-on-year in October and exports fell 1.7%.

In 35 seconds

France's GDP fell 0.1% in the third quarter of 2026, marking three consecutive quarters without growth.
Lescure warned that without the planned budget recovery "we will crash"; the plan seeks to cut the deficit from 5.4% to 5% of GDP.
Inflation reached 3.4% year-on-year in October and exports contracted 1.7%, with a 9.1% drop in transport equipment.

Read the full story at Noticias RCN

IASummary generated by artificial intelligence from a story by Noticias RCN. It may contain errors: the original source prevails.

Francia
PIB
déficit fiscal
inflación
eurozona

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France's economy contracts 0.1% in the third quarter and government warns of crash risk without fiscal adjustment

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Bogotá Ciudad Aeropuerto seeks to link El Dorado with the Metro and Regiotram

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