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In Q2 2016, French GDP levelled off
In Q2 2016, GDP in volume terms* was stable : 0.0% after +0,7% in Q1. Household consumption expenditure slowed down sharply (0.0% after +1.2%), while total gross fixed capital formation (GFCF) fell back (-0.4% after +1.3%). All in all, final domestic demand (excluding inventory changes) was flat: its contribution to GDP growth was flat (after +1.0 points in Q1). Imports significantly stepped back (-1.3% after +0.5%), while exports still modestly declined (-0.3% as in the previous quarter). In fine, foreign trade balance contributed positively to activity (+0.3 points after -0.2 points). Conversely, corporate ... (full story)