The French central bank on Monday estimated economic growth for the fourth quarter halved from 0.4 percent to 0.2 percent. The impact of the actions of the ‘yellow vests’ do feel in the majority of the sectors, according to the central bank.
The social turmoil in France weighs more on the services and transport sector and the industry, according to the central bank. The French Finance minister Bruno Le Maire estimated Monday on RTL, the impact of the actions of the ‘yellow vests’, 0.1 percentage point loss in economic growth.
The French government had for this year an economic growth-provided, of 1.7 percent. To achieve this, it was a gdp growth in the last three months of 0.8 percent, after a growth in the first and second quarter of 0.2 percent and a gdp growth of 0.4 percent in the third quarter.
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