The two coronavirus lockdowns in 2020 caused the French economy to suffer its worst economic marker since World War II, the National Institute of Statistics and Economic Studies (INSEE) said Friday.

The gross domestic product (GDP) fell 8.3%, said the Paris-based bureau in a report on the first estimate of the economic effect of the fourth quarter.

The estimate is slightly better than the group’s earlier forecasts of a decline of 9% and 11% by the government.

Read more on Anadolu Agency