• French final GDP rises 0.6% in the first quarter

Market news

30 May 2016

French final GDP rises 0.6% in the first quarter

The French statistical office Insee released its final gross domestic product data for France on Monday. The French final GDP rose 0.6% in the first quarter, up from the preliminary reading of a 0.5% growth, after a 0.4% increase in the fourth quarter of 2015.

Household spending climbed 1.0% in the first quarter, after a flat reading in the fourth quarter of 2015, while government spending rose 0.4%, after a 0.4% gain in the fourth quarter.

Business investment rose 1.6% in the first quarter, after a 1.2% increase in the fourth quarter

Total production in goods and services was up 0.7% in the first quarter, after a 0.6% rise in the fourth quarter.

Export were flat in the first quarter, while imports rose 0.6%.

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