French economic growth held steady in first-quarter, at 0.3 percent

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French economic growth held steady in first-quarter, at 0.3 percent
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French growth held steady in the first three months of the year as household spe...

PARIS - French growth held steady in the first three months of the year as household spending recovered after anti-government protests at the end of 2018, official data showed on Tuesday.

“There are some positive elements, investment is very important as well as consumer spending, because we have given purchasing power to households,” Le Maire said on France 2 television. President Emmanuel Macron followed up last week with a pledge to cut income tax by 5 billion euros after five months of weekly protests over the high cost of living and elitism.

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