France Q1 preliminary GDP -5.8% vs -4.0% q/q expected
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Latest data released by INSEE – 30 April 2020
– (Q4) -0.1%
– GDP -5.4% vs -3.6% y/y expected
– Prior (Q4) +0.9%
See here for global coronavirus case data
Breaking down the numbers, it is pretty much an awful quarter as household spending declined by 6.1% while business investment fell by 11.4% relative to Q4 2019.
– (Q4) -0.1%
– GDP -5.4% vs -3.6% y/y expected
– Prior (Q4) +0.9%
See here for global coronavirus case data
Breaking down the numbers, it is pretty much an awful quarter as household spending declined by 6.1% while business investment fell by 11.4% relative to Q4 2019.