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The recession in France in 2020 revised slightly downwards to -8.2%

2021-02-26T07:59:04.435Z


The French economy fell by -8.2% last year, INSEE said on Friday, a drop a little less sharp than the -8.3% previously estimated, but which confirms the historic recession suffered by the country due to the pandemic. Read also: These countries that escaped the 2020 recession In the fourth quarter of 2020 alone, the decline in GDP was 1.4%, against -1.3% previously estimated, also assesses Insee,


The French economy fell by -8.2% last year, INSEE said on Friday, a drop a little less sharp than the -8.3% previously estimated, but which confirms the historic recession suffered by the country due to the pandemic.

Read also: These countries that escaped the 2020 recession

In the fourth quarter of 2020 alone, the decline in GDP was 1.4%, against -1.3% previously estimated, also assesses Insee, which specifies that the French economy ended the year 2020 with an activity 4 , 9% below its level in the last quarter of 2019, i.e. before the appearance of the Covid-19 epidemic.

Source: lefigaro

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