France: recession avoided, but inflation at 5.4% in June (INSEE)
By victoria adam Published on 05/09/2022 at 9:20 p.m.modified 05/10/2022 at 6:50 p.m. In its latest economic report, INSEE sees the French economy growing at the rate of 0.25% in the 2nd quarter and inflation reaching 5.4% in June. Without a tariff shield on energy, the increase would have exceeded 7%. (Boursier.com)…