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    Friday, November 13, 2009

    France's Q3 GDP Grows 0.3% On Quarter

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    By Polya Lesova
    MarketWatch Pulse
       

      FRANKFURT -- France's third-quarter gross domestic product grew a smaller-than-expected 0.3% from the previous quarter, the National Institute of Statistics and Economic Studies reported (INSEE) on Friday. Economists surveyed by Dow Jones Newswires expected GDP growth of 0.7%. In the second quarter, France also posted quarterly growth of 0.3%. The foreign trade balance was the driving force behind third-quarter GDP growth, INSEE said.

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