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In the first quarter, the French economy exceeded expectations by showing a slight growth thanks to an increase in domestic consumption and investment. This positive trend sets the stage for a broader eurozone recovery from its recent stagnation. Economists had predicted a growth of 0.1 percent, but France’s actual 0.2 percent growth in GDP surpassed these predictions.
Experts predict that the eurozone as a whole will experience a modest growth this year due to decreasing inflation rates and rising wages. This is expected to lead to an increase in household spending power, further driving economic expansion. On Tuesday, GDP data for the eurozone is scheduled to be released, with experts anticipating a 0.2 percent growth in the first quarter. This developing story is being closely monitored by economists and investors alike.