Economy: Spain and France's economy grew despite Iran war
The French government has already lowered its forecast for growth in the full year 2026 at the beginning of July.
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Summary
The French government has already lowered its forecast for growth in the full year 2026 at the beginning of July. Analysts had also expected an average growth of 0.6 percent for the second quarter. The French economy has returned to growth despite significant pressures from rising energy prices as a result of the Iran war in the spring.
Furthermore, Symbolic European flag: France and Spain gained in the second quarter, but the economic conditions remain tense. The gross domestic product rose from April to June by 0.2 percent compared to the previous quarter, as the Statistics Office Insee announced on Thursday in Paris. Gross domestic product increased by 0.7 percent in the quarterly comparison, as the Statistics Office INE announced after a first estimate on Thursday in Madrid.
In addition, Growth in Spain is thus still stronger than in the other large eurozone economies. The Iran war had already driven inflation upwards. The Bundesbank economy is likely to continue to grow – Despite the Iran war and rising energy prices, the German economy remains stable.
Cross-referenced from 2 sources.
Factual coreconfirmed by several independent voices
The French government has already lowered its forecast for growth in the full year 2026 at the beginning of July.
reliability low1/2 sourcesAnalysts had also expected an average growth of 0.6 percent for the second quarter.
reliability low1/2 sourcesThe French economy has returned to growth despite significant pressures from rising energy prices as a result of the Iran war in the spring.
reliability low1/2 sourcesSymbolic European flag: France and Spain gained in the second quarter, but the economic conditions remain tense.
reliability low1/2 sourcesThe gross domestic product rose from April to June by 0.2 percent compared to the previous quarter, as the Statistics Office Insee announced on Thursday in Paris.
reliability low1/2 sourcesGross domestic product increased by 0.7 percent in the quarterly comparison, as the Statistics Office INE announced after a first estimate on Thursday in Madrid.
reliability low1/2 sourcesGrowth in Spain is thus still stronger than in the other large eurozone economies.
reliability low1/2 sourcesThe Iran war had already driven inflation upwards.
reliability low1/2 sources
Reported detailssecondary facts, each attributed to its source
The Bundesbank economy is likely to continue to grow – Despite the Iran war and rising energy prices, the German economy remains stable.
according to Handelsblatt – Politik
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