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- French economy is expected to expand 1.2% on average in 2015
French economy is expected to expand 1.2% on average in 2015
The French statistical office Insee released its gross domestic product (GDP) data on Friday. French economy is expected to expand 1.2% on average in 2015 as a whole and 1.6% at the end of this year.
The Insee forecasts French GDP to increase 0.3% each in the second and third quarters and 0.4% in the fourth quarter.
The economy is expected to be driven by manufacturing, the rebound in energy and market-sector services.
The Insee see the unemployment rate to stabilize at 10.4% in the second quarter.
Inflation is forecast to continue increasing to 0.6 percent in December, mainly driven by higher energy prices.
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