The French economy expanded by 0.5% in the third quarter, a slight slowdown from the pace of growth three months earlier, while consumer spending weakened in October.

This is according to the latest figures from the INSEE national statistics agency today. 

The third quarter GDP (gross domestic product) growth reading of 0.5% was in line with an earlier estimate, and followed growth of 0.6% in the second quarter. 

October consumer spending fell by 1.9% from the previous three months, which INSEE partly attributed to a decline in spending on gas and electricity due to warmer-than-average temperatures, and less money spent on household goods. 

France, the second-biggest economy in the euro zone, is forecast by President Emmanuel Macron's government to grow by 1.7% in 2017, which would mark its strongest performance since 2011.