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French GDP increased by 0.5% in Q2 2017

From insee.fr

In Q2 2017, GDP in volume terms* kept on increasing: +0.5%, for the third quarter in a row. Households' consumption accelerated slightly (+0.3% after +0.1%) whereas total gross fixed capital formation (GFCF) decelerated markedly (+0.5% after +1.4%). All in all, final domestic demand excluding inventory changes contributed +0.4 points to GDP growth, as in the previous quarter. Exports bounced back (+3.1% after −0.7%) while imports significantly slowed down (+0.2% after +1.2%). All in all, foreign trade balance contributed positively to GDP growth: +0.8 points after −0.6 points in the previous quarter. Conversely, ... (full story)

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