France poised for recession

France will report a contraction in the next two quarters as a weaker job market curbs consumption and exports flag, forecasts from national statistics office INSEE showed in October 2008, flagging the arrival of recession.

Website: France: National Institute for Statistics and economic Studies (INSEE) http://www.insee.fr/en/

France24, 3.10.08: French budget minister speaks of 'technical recession' http://www.france24.com/en/20081003-economic-forecast-recession-france-crisis-woerth-lagarde&navi=FRANCE

BBC News, 3.10.08: Recession 'real risk' for France http://news.bbc.co.uk/1/hi/business/7650231.stm

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