French economic activity reduced by 36%, INSEE says
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PARIS (Reuters) - A nationwide lockdown in France has reduced economic activity by 36%, the INSEE official statistics agency said on Thursday, confirming an initial estimate last month.In an updated analysis of the economic impact of the coronavirus outbreak, INSEE also stuck with an estimate that each month of lockdown would cut economic growth by three percentage points.It also warned that it would take time for activity to recover once the government lifted the lockdown. It took effect on..