French GDP increases by 1.5 percent in 2018

Wednesday, 30 January 2019 16:14:33 (GMT+3)   |   Istanbul
       

In the fourth quarter of 2018, France's gross domestic product (GDP) increased by 0.3 percent compared to the previous quarter, according to the detailed statistics released by France's National Institute of Statistics and Economic Studies (INSEE). In the third quarter of last year, French GDP had increased at the same pace by 0.3 percent on quarter-on-quarter basis. On the other hand, the GDP was up by 1.5 percent in 2018, year on year. 
 
During the fourth quarter, in France household consumption expenditure did not change quarter on quarter, following a growth of 0.4 percent quarter on quarter in the third quarter of the year. Meanwhile, in the fourth quarter, the value of France's imports increased by 1.6 percent quarter on quarter, after a 0.7 percent quarter-on-quarter decrease in the previous quarter, while the value of French exports rose by 2.4 percent in the fourth quarter, after a 0.2 percent quarter-on-quarter growth in the previous quarter.
 
In France, production of manufactured goods in the fourth quarter decreased by 1.4 percent quarter on quarter. Construction output in France did not change in the fourth quarter of last year, after a 0.2 percent decline recorded in the previous quarter, both quarter on quarter.


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