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French economy slightly retreats in Q4

BY Reuters | ECONOMIC | 01:30 AM EST

Jan 30 (Reuters) - France's economy slightly retreated in the fourth quarter, preliminary data from the INSEE statistics agency showed on Thursday, below analyst expectations.

The euro zone's second-biggest economy slightly declined by 0.1% in the last three months of the previous year after an unrevised 0.4% rise in the third quarter, INSEE said in its quarterly GDP report.

A Reuters poll of 30 economists had on average forecast a stagnation or a 0.0% change in gross domestic product in the fourth quarter, with estimates ranging from -0.2% to +0.3%. (Reporting by Michal Aleksandrowicz; Editing by Christopher Cushing)

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