France Q4 preliminary GDP 0.0% vs 0.0% q/q expected
<ul><li>Prior -0.1%; revised to 0.0%</li></ul><p>The French economy stagnated in the final quarter of last year, with the reading matching estimates. The breakdown shows that domestic demand fell by 0.1% on the quarter. Meanwhile, foreign trade contributed 1.2% but was offset by a 1.1% decline in inventories. A slight positive takeaway is a mild revision to the Q3 figure at least. However, it still reflects stagnant growth in Europe's second biggest economy.</p>
This article was written by Justin Low at www.forexlive.com.
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