The commercial industrial gases market in France was estimated to have generated revenues of some $2.73bn in 2017.
It is important to note that the market was heavily affected by the global financial crisis in 2008-09.
Between 2007 and 2017 nominal GDP grew by an average of 1.96% p.a. or 0.89% p.a. when adjusted for inflation.
Report Data: 2018
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Despite its economic power, fears persist over the continuing debt crisis in the Eurozone and, in some quarters, France is a concern in terms of weighing on the wider region’s recovery. Following lower-than-expected GDP in first quarter 2014, the question has even been raised, is France entering a renewed downturn?
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