Economics

War’s Uncertainty Sees French Stats Office Scrap Growth Outlook

  • Statistics office withdraws forecast for second-quarter GDP
  • Insee sees inflation ‘around 4.5%’ in the coming months

A pedestrian passes storefronts in Paris, France.

Photographer: Cyril Marcilhacy/Bloomberg
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France’s statistics office abandoned its economic-growth forecasts for the coming months because of the uncertainty caused by Russia’s invasion of Ukraine, warning of “significant” knock-on effects from the war.