| French GDP returns to growth in Third Quarter |
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| Tuesday, 15 November 2011 12:20 |
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The France economy returned back to economic growth in the third quarter. The French Statictical Agency INSEE reported a GDP growth of 0.4% quarter-on-quarter compared to a 0.1% contraction in the second quarter. The Household spending also rose 0.3% in the quarter from 0.8% drop in Q2, overall domestic demand rose was up by 0.3% from a fall on 0.3% in Q2. The Production of goods and services was also up 0.4% from a drop of 0.1% in previous quarter.
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