French GDP advances unexpectedly in Q3

Note: This section contains information in English only.
Source: Bloomberg
© scanpix/reuters

The French GDP grew 0.2% quarter-on-quarter after a -0.1% decline in the previous quarter according to data provided by Statistical Office Insee, reversing the analysts' estimates as they forecast a stagnation in French economy during the period. Domestic demand and foreign trade were the main facilitators that boosted growth. Exports advanced 0.5% while imports lost 0.6%. Meanwhile, total domestic demand contributed 0.2 points to GDP growth.

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