French economy fails to grow in fourth quarter - INSEE

The French economy failed to grow in the fourth quarter, preliminary data from the INSEE statistics agency showed on Tuesday, in line with analyst expectations. The euro zone's second-biggest economy stagnated at 0.0% in the last three months of the previous year after a flat third quarter, INSEE said in its quarterly GDP report. The data for the third quarter was revised upwards from a 0.1% drop previously.

The French economy failed to grow in the fourth quarter, preliminary data from the INSEE statistics agency showed on Tuesday, in line with analyst expectations. The euro zone's second-biggest economy stagnated at 0.0% in the last three months of the previous year after a flat third quarter, INSEE said in its quarterly GDP report.

The data for the third quarter was revised upwards from a 0.1% drop previously. A Reuters poll of 29 economists had on average forecast a 0.0% change in gross domestic product (GDP), in the fourth quarter, with estimates ranging from -0.2% to +0.2%.