French economy unexpectedly contracts 0.1% in fourth quarter - INSEE
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PARIS (Reuters) - The French economy unexpectedly contracted slightly in the final quarter of last year as consumer spending and business investment growth slowed and companies drew down inventories, official data showed on Friday.The surprisingly sharp slowdown is a blow for President Emmanuel Macron who has so far been able to point to resilient growth and job creation to justify his pro-business reform agenda.The INSEE statistics agency said the euro zone's second-biggest economy shrank 0.1%..