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- French economy expands 0.2% in the fourth quarter
French economy expands 0.2% in the fourth quarter
The French statistical office Insee released its gross domestic product (GDP) growth for France on Friday. France's preliminary GDP climbed 0.2% in the fourth quarter, in line with expectations, after a 0.3% rise in the third quarter.
Total production in goods and services was up 0.5% in the fourth quarter, after a 0.3% rise in the third quarter.
Households' spending decline 0.4% in the fourth quarter, after a 0.3% gain in the third quarter.
Export increased 0.6% in the fourth quarter, while imports rose 1.6%.
On a yearly basis, France's GDP rose to 1.5% in the fourth quarter from 1.1% in the third quarter.
In 2015 as whole, the French economy expanded 1.1%, after a 0.2% growth in 2014.
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