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France's GDP likely to contract by 9 pct this year: INSEE

France's GDP likely to contract by 9 pct this year: INSEE

Sep 08, 2020, at 10:55 pm

Paris/Xinhua: France's economy is set to contract by 9 percent for the whole year of 2020 due to the COVID-19 crisis, said the national statistics institute INSEE in a report released on Tuesday, unchanged from its previous forecast.