France GDP dropped -0.2% in Q1, consumer spending dropped -0.4% in Apr

France GDP contracted -0.2% qoq in Q1, revised down from 0.0% qoq. The contraction was linked to weakness of household consumption (-1.5%). General government’s consumption expenditure rose 0.2%. Total gross fixed capital formation rose 0.6%. Exports rose 1.2% with net foreign trade up 0.2%. Full release here. Also from France, consumer spending dropped -0.4% mom […]

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