Latest data released by INSEE - 30 January 2019
- Prior +0.3%
- GDP +0.9% vs +0.9% y/y expected
- Prior +1.4%; revised to +1.3%
Quarterly growth holds steady so that should be encouraging but overall annual quarterly growth slumps to just +0.9% y/y with a downwards revision to Q3. In terms of annual quarterly growth, that's the weakest reading since Q3 2016.
For the full-year of 2018, French GDP is estimated to grow at 1.5%. That pales in comparison to the 2.3% growth posted in 2017.
