Friday, January 29, 2016

French economy grew 1.1% in 2015 with slowdown in the fourth quarter – Digital Journal

The Gross Domestic Product (GDP) French in the fourth quarter 2015 increased by 0.2%, decelerating to 0.3% from the previous three months. However, growth of 1.1% of the second largest euro zone economy in 2015 compared with 0.2% in 2014 and is the highest in the last four years.

The performance of the French economy was below the projected rate for the euro area, which should have increased 1.5% in 2015. A breakdown of the components of the French product, the final consumption expenditure of households increased by 1.4% in 2015, while business investment has progressed 2 %.

On the external side, exports increased 5.9%, while imports advanced 6.1%, resulting in a negative contribution to the growth rate.

Digital Money with Portuguese

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