Paris - Defying predictions of a recession, the French economy grew by 0.1 per cent in the third quarter of 2008, the government's statistical office Insee said on Friday.
Following a GDP drop of 0.3 per cent in the second quarter of this year, most analysts - including Insee - had foreseen more negative growth for the period July to September, which would have represented a technical recession.
But consumer spending unexpectedly grew by 0.2 per cent in the third quarter, which helped fuel the rise in GDP, Insee said.