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France's central bank estimates first-quarter GDP shrunk 6% from previous quarter

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France's economy likely contracted 6 per cent in the first quarter from the previous three months as a nationwide lockdown due to the coronavirus outbreak shut down vast swathes of the economy, the central bank estimated on Wednesday.

[PARIS] France's economy likely contracted 6 per cent in the first quarter from the previous three months as a nationwide lockdown due to the coronavirus outbreak shut down vast swathes of the economy, the central bank estimated on Wednesday.

That would be the biggest contraction on a...

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