Worst of Yellow Vest Economic Impact in France Yet to Come: Senate

[TomSea]

Worst of Yellow Vest Economic Impact in France Yet to Come: Senate

PARIS (Reuters) - The worst of the impact on the French economy of the yellow-vest protests, which rocked city centers across France last winter, is yet to come, a report said, predicting a wave of bankruptcies among small businesses in the second half of the year.

The initial impact of the yellow-vest protests, which started in November as a revolt over high prices at the pumps and morphed into a broader challenge to President Emmanuel Macron's policies, was limited.

The national statistics office estimated it at 0.1 percentage points of national output or 2 billion euros ($2.28 billion) in the final quarter of last year.

Read more at: https://www.usnews.com/news/world/articles/2019-06-27/worst-of-yellow-vest-economic-impact-in-france-yet-to-come-senate