FOREX TradingCharts.com

Financial News: France Growth Slows In Q1 After Revision

France Growth Slows In Q1 After Revision

05/29/2019 - 04:51:00 (RTTNews)

(RTTNews) - France's economic growth eased slightly in the first quarter after revision, detailed results from the statistical office Insee showed Wednesday.

Gross domestic product grew 0.3 percent sequentially, in line with the estimate released on April 30, but slightly slower than the revised 0.4 percent expansion seen in the fourth quarter of 2018.

The statistical office revised up its fourth quarter growth rate from 0.3 percent. The expenditure-side breakdown of GDP showed that household consumption grew 0.4 percent after the 0.3 percent increase in the fourth quarter. Meanwhile, growth in government spending halved to 0.2 percent from 0.4 percent.

The increase in gross fixed capital formation came in at 0.5 percent versus 0.6 percent a quarter ago.

Exports and imports climbed 0.4 percent and 1.4 percent, respectively. Consequently, foreign trade balance contributed negatively to GDP growth by -0.3 points.

In a separate communiqué, Insee said household spending increased in April after falling for two straight months, driven by a rebound in energy and food consumption.

In April, household spending grew 0.8 percent on month after declining 0.3 percent in March and 0.5 percent in February.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Bank Of England Keeps Rate Unchanged; Cuts Q2 Growth Outlook (26 min(s), 02 sec(s) ago)
(RTTNews) - The Bank of England maintained its interest rate and quantitative easing, as widely ex ...Full Story»

Swiss Exports Fall Further In May (42 min(s), 02 sec(s) ago)
(RTTNews) - Switzerland's exports fell for the third month in May, while imports rose, data fr ...Full Story»

Slovenia Output Price Inflation Slows In May (01 hr(s), 0 min(s),02 sec(s) ago)
(RTTNews) - Slovenia's output prices slowed in May after rising in the previous month, figures ...Full Story»

Japan All Industry Activity Rises In April (01 hr(s), 02 min(s), 02 sec(s) ago)
(RTTNews) - Japan's industrial activity rose for the first time in three months in April, figu ...Full Story»

Denmark Consumer Confidence Falls Slightly (01 hr(s), 08 min(s), 02 sec(s) ago)
(RTTNews) - Denmark's consumer confidence fell slightly in June, survey data from Statistics D ...Full Story»

Turkey Consumer Confidence Rises In June (01 hr(s), 09 min(s), 02 sec(s) ago)
(RTTNews) - Turkey's consumer confidence rose in June after falling in the previous month, fig ...Full Story»

Taiwan Central Bank Keeps Rate Unchanged (01 hr(s), 36 min(s), 02 sec(s) ago)
(RTTNews) - Taiwan's central bank maintained its key interest rate for the twelfth straight me ...Full Story»

UK Retail Sales Fall For Second Month (03 hr(s), 08 min(s), 02 sec(s) ago)
(RTTNews) - UK retail sales declined for the second straight month in May, figures from the Office ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Bank Of England Keeps Rate Unchanged; Cuts Q2 Growth Outlook

06/20/2019 - 07:28 AM (RTTNews)
(RTTNews) - The Bank of England maintained its interest rate and quantitative easing, as widely ex ...Full Story>>

Swiss Exports Fall Further In May

06/20/2019 - 07:12 AM (RTTNews)
(RTTNews) - Switzerland's exports fell for the third month in May, while imports rose, data fr ...Full Story>>

Slovenia Output Price Inflation Slows In May

06/20/2019 - 06:54 AM (RTTNews)
(RTTNews) - Slovenia's output prices slowed in May after rising in the previous month, figures ...Full Story>>

Japan All Industry Activity Rises In April

06/20/2019 - 06:52 AM (RTTNews)
(RTTNews) - Japan's industrial activity rose for the first time in three months in April, figu ...Full Story>>

Denmark Consumer Confidence Falls Slightly

06/20/2019 - 06:46 AM (RTTNews)
(RTTNews) - Denmark's consumer confidence fell slightly in June, survey data from Statistics D ...Full Story>>
Copyright © 2019. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.