• French final GDP is flat in the second quarter

Market news

23 September 2015

French final GDP is flat in the second quarter

The French statistical office Insee released its final gross domestic product data for France on Wednesday. The French final GDP was stable in the second quarter, in line with the preliminary estimate, after a 0.7% increase in the first quarter. The first quarter's figure was revised up from a 0.6% growth.

Household spending was flat in the second quarter, after a 0.9% increase in the first quarter, while government spending rose 0.4%, after a 0.9% gain in the first quarter.

Exports climbed 2.0% in the second quarter, while imports rose 0.5%.

On a yearly basis, French final GDP climbed 1.1% in the second quarter, up from the preliminary estimate of 1.0% growth, after a 0.8% rise in the first quarter.

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