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In Q2 2013 French GDP picked up +0.5%
In Q2 2013, GDP in volume terms* rose by 0.5% after a 0.2% fall in each of the two previous quarters. It’s been the largest increase since Q1 2011. The annual growth rate carried over at the mid-year point is +0,1%. Household consumption expenditure accelerated (+0.4% after –0.1%). Total gross fixed capital formation (GFCF) decreased again, but less sharply than in the beginning of the year (–0.5% after –1.0%). All in all, final domestic demand (excluding changes in inventories) contributed to GDP acceleration: +0.3 percentage points in Q2, after –0.1 points in the previous quarter. Both exports (+2.0% ... (full story)
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