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France Cuts Growth Forecast as Ukraine War Spurs Inflation Surge

  • French government now sees GDP growth of 2.5% this year
  • Finance Ministry officials also blame Covid resurgence, China
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WATCH: France slashed its economic growth forecast on Tuesday. Caroline Connan reports.Source: Bloomberg

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The French government slashed its economic growth forecast on Tuesday, underscoring the constraints on President Emmanuel Macron as he tries to repair public finances from the Covid pandemic and support households struggling with rising prices.