New French lockdown to reduce economic activity by about 15%: Finance Ministry source

PARIS: The new four-week lockdown to curb the spread of COVID-19 in France is expected to reduce economic activity by about 15%, a Finance Ministry source said on Tuesday.

"We expect a much more moderate impact than that (the lockdown) of April, notably in France," the source said.

While the April lockdown cut business activity by some 30%, the impact this time would "more around 15%", the source added