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Slower than 3Q gain of 0.3%: France GDP growth rises 0.1% sequentially in Q4

byCustoms Today Report
13/02/2015
in Uncategorized
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PARIS: Gross domestic product rose 0.1 percent sequentially, in line with forecast, but slower than third quarter’s 0.3 percent expansion.

The fourth quarter growth was driven by robust foreign demand, while investment continued to fall and changes in inventories contributed -0.2 points.

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Household spending gained 0.2 percent and government spending by 0.4 percent. Exports advanced 2.3 percent and imports grew 1.7 percent. Ultimately, the foreign trade balance contributed positively to activity by +0.1 points.

In 2014, the economy expanded 0.4 percent, the same rate of growth as seen in 2013.

Tags: GDP

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