France’s GDP up 1.1% over 2015
French statistic institute Insee has reported France’s GDP has increased by 0.2% in Q4 2015 and has risen by 1.1% over the year.
In 2014, France had registered a 0.2% GDP growth only.
The total gross fixed capital formation (GFCF) has sped up in Q4 (+0.8% after +0.1%).
Insee pointed out household consumption expenditure slipped back (-0.4% after +0.4% in Q3 2015).
The domestic demand excluding inventory changes has increased very slightly (+0.1% after +0.3% in Q3).
Also exports bounced back (+0.6% after -0.6%), whereas imports pursued their rise (+1.6% after +1.5%).
The foreign trade balance was still declining in Q4 (-0.3%) but the drop has slowed down compared to Q3 (-0.7%).