Economics

French Economy to Grow Just 0.2% This Quarter on Supply Woes

  • Bank of France chief sees ‘certain resilience’ in economy
  • Increasing share of firms has hiked prices, central bank says
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The French economy will grow only 0.2% in the second quarter after stagnating at the start of the year as companies face increasing difficulty getting supplies following Russia’s invasion of Ukraine, the Bank of France said.