French GDP grew more than expected in the third quarter
27.11.2020, 07:59

French GDP grew more than expected in the third quarter

According to the report from Insee, in Q3 2020, GDP in volume terms bounced back: +18.7% (revised by +0.4 points compared to the first release) after – 13.8% in Q2 2020. Economists had expected a 18.2% increase. Nevertheless, GDP remained well below the level it had before the health crisis: measured in volume, compared to its level in Q3 2019 (year-on-year change), GDP in Q3 2020 was 3.9% lower (previously estimated at 4.3 % lower). Revisions are mostly due to the integration of new data for September, especially for household consumption and investment in services.

All components of domestic demand rebounded sharply in Q3. Household consumption expenditure increased strongly (+17.9% in Q3, after –11.4%) and approached their pre-crisis level (–1.3% year-on-year), while general government expenditure slightly exceeded it (+0.5% year-on-year). On the other hand, total GFCF remained largely under its pre-crisis level (–4.8% year-on-year), despite its strong rebound in Q3 (+23.9% after –14,5%). Overall, total domestic demand (excluding inventory changes) contributed by +19.5 points to GDP growth this quarter.

Foreign trade also rebounded this quarter, especially exports (+22.1% after –25.1%). Imports on the other hand increased in a less pronounced manner (+16.8% after –16.8%). Overall, foreign trade made a positive contribution to GDP growth: +0.7 points, after –2.3 points in Q2. Finally, changes in inventories contributed negatively to GDP growth (–1.5 points after –0.9 points).

© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik