French Q3 GDP Growth Confirmed At 0.3%

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Tuesday, French statistical office Insee confirmed third quarter economic growth at 0.3% on a sequential basis. It follows 0.3% rise in gross domestic product in the second quarter.

Households' consumption expenditure inched up 0.1% in the third quarter, while government spending grew 0.7%. Gross fixed capital formation declined 1.4%. Exports were up 1.7% and imports grew 0.4%. Inventory changes were neutral on activity in the third quarter.

Tuesday, French statistical office Insee confirmed third quarter economic growth at 0.3% on a sequential basis. It follows 0.3% rise in gross domestic product in the second quarter. (Market News Provided by RTTNews)