Q1 2017 French GDP flash 0.3% vs 0.4% exp q/q

Q1 2017 French GDP flash data report 28 April 2017

  • Q3 0.4%. Revised to 0.5%

  • 0.8% vs 0.9% exp y/y. Prior 1.1%. Revised to 1.2%

  • Household spending 0.1% q/q

  • Business investment 1.3% q/q

  • Exports -0.7% vs 1.4% prior q/q

  • Imports 1.5% vs 0.8% prior q/q

The only saving grace here is the uptick in the Q4 revisions.

Yesterday, Draghi said the Eurozone recovery was "broad and strong". I guess he was using some artistic licence with that one ;-)

French GDP y/y

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