Economics
French Economy Hit by Euro-Area Slowdown as Insee Cuts Outlook
- Forecasters see growth of 1.3% in 2019 after 1.7% in 2018
- Macron’s tax cuts fueled consumer spending less than expected
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France’s economy is having a weaker first half of the year than anticipated amid trade headwinds and the broadening slowdown in the euro area, according statistics agency Insee.