A Cruise Ship Seems to Have Given France’s Economy an Unexpected Boost
Did a cruise ship save the French economy in the second quarter? That’s the sense one gets from the statistical small print behind a shock 0.5% GDP boost (more than the 0.1% predicted).
While consumer spending fell and investment barely flatlined — in a three-month period that saw rising interest rates and several days of violent protests — exports were stoked by “the delivery of a cruise ship.”
Full story A Cruise Ship Seems to Have Given France’s Economy an Unexpected Boost
