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French economy rebounds in the third quarter, but new lockdown risks a ‘double-dip’ – CNBC

France’s GDP has rebounded as the country benefited from few social restrictions, but the focus is now on the final months of 2020 amid a new lockdown.

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LONDON The French economy bounced back in the third quarter as it profited from a summer period with few social restrictions. However, the focus is now on the final quarter of the year after the two largest economies in the euro area announced nationwide lockdowns.
France’s gross domestic product grew by 18.2% between July and September, the country’s statistics office, Insee, said in a preliminary reading. France’s GDP had contracted by 13.7% during the second quarter, which included the first…

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