French GDP remains stable in Q2 compared to Q1

Monday, 29 August 2016 16:37:50 (GMT+3)   |   Istanbul
       

In the second quarter of this year, France's gross domestic product (GDP) was stable compared to the previous quarter, according to the detailed statistics released by France's National Institute of Statistics and Economic Studies (INSEE). In the first quarter of this year, French GDP had increased by 0.7 percent on quarter-on-quarter basis. 
 
During the second quarter, in France household consumption expenditure remained unchanged quarter on quarter, after increasing by 1.2 percent quarter on quarter in the first quarter of the year. Meanwhile, in the given quarter, the value of France's imports decreased by two percent quarter on quarter, after a 0.5 percent quarter-on-quarter rise in the previous quarter, while the value of French exports was almost flat in the second quarter, after a 0.4 percent quarter-on-quarter decrease in the previous quarter.
 
In France, production of manufactured goods in the second quarter decreased by 0.9 percent quarter on quarter. Construction output in France fell by 0.6 percent in the second quarter of this year, after a 0.2 percent increase recorded in the previous quarter, both quarter on quarter.


Tags: France Europe 

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