French, Spanish Inflation Falls Short of ECB Target

French growth rebounded in the third quarter as part of a start-stop expansion that leaves Europe’s second-largest economy lagging its neighbors such as Spain. Gross domestic product in France expanded 0.2 percent in the three months through September after shrinking 0.1 percent in the previous period, national statistics office Insee said Friday. That compares with a 0.3 percent increase predicted by economists in a Bloomberg survey. The Spanish economy grew 0.7 percent in the period, in line with estimates in a separate poll. HSBC European Economist Fabio Balboni discusses with Mark Barton on "Bloomberg Surveillance."

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45:31 - Bloomberg Surveillance hosted by Tom Keene and Francine Lacqua. Guests include Davide Serra, chief executive officer at Algebris Investments, former CIA Director James Woolsey, and Richard Clarida, strategic adviser at Pimco. (Source: Bloomberg)
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