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Preliminary France Q4 GDP +0.7% vs +0.5% q/q expected

| Business News Today | World News

  • Anterior +3.0%; revised to +3.1%
  • GDP +5.4% y/y
  • Anterior +3.3%; revised to +3.5%

French economic growth slowed less than expected in the fourth quarter, so that’s a bit positive. Preliminary figures for total growth in 2021 are +7.0% against a contraction of -8.0% in 2020. In detail, domestic demand contributed +0.5% to GDP growth in Q4 , inventories at +0.4%, offset by foreign trade which recorded a contribution of -0.2%.

Preliminary France Q4 GDP +0.7% vs +0.5% q/q expected

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