Tag: Insee

French economic growth at zero in Q2

French economic growth at zero in Q2

France’s economic growth showed a reading of zero in the April to June quarter, compared with 0.9% in the previous three months, according to Insee, the national statistical agency. The reading was short of forecasts of a 0.3% rise for the quarter. The lack of growth was attributed to a fall in household consumption, which [...]

August 12, 2011 | 0 Comments More
France and Germany report Q4 figures

France and Germany report Q4 figures

Europe’s largest economy, Germany, looks set to be continuing its strong recovery after Federal Statistical Office, Destatis, reported the economy grew by 0.4% in the fourth quarter. For the 2010 year, the economy expanded by 3.6%, said Destatis. However, both figures were slightly below forecasts with economists expecting quarterly growth of 0.5% and annual growth [...]

February 15, 2011 | 0 Comments More
Germany and France see slowdown in Q3

Germany and France see slowdown in Q3

Germany, which is Europe’s largest economy, saw a slowdown in quarter three economic growth after a record second quarter. German statistics office, Destatis, said the economy grew 0.7% in the July to September period - compared with the record expansion of 2.3% in the April to June quarter - which represented the fastest since German [...]

November 12, 2010 | 0 Comments More
French economy sees 0.6% growth in Q2

French economy sees 0.6% growth in Q2

Paris-based statistics office INSEE has today announced economic growth in France grew by 0.6% in the April to June period. The figures were higher than the 0.4% expected by analysts. In addition, first quarter growth was revised upwards from 0.1% to 0.2%, said INSEE. France’s economy has now grown for five consecutive quarters after the [...]

August 13, 2010 | 0 Comments More
France GDP set to slow in third quarter

France GDP set to slow in third quarter

The Bank of France has predicted the French economy will grow by 0.3% in the July to September quarter, following growth of 0.4% in the second quarter. The recovery of the euro zone’s second largest economy is therefore likely to lose a little momentum, partly due to a slowdown in industry production at the start [...]

August 9, 2010 | 0 Comments More
France’s public debt soars to 80% of GDP

France’s public debt soars to 80% of GDP

Further concerns for euro zone debt was raised today after the national statistics bureau INSEE said France’s public debt rose to 80.3% of national output in the first quarter of the year. EU rules state that debt should not exceed 60% of GDP. According to INSEE, at the end of March, French gross public debt [...]

June 30, 2010 | 0 Comments More
France heading for recession

France heading for recession

Europe’s second largest economy is heading for a recession next year, according to Insee, France’s national statistics agency. Europe’s largest economy, Germany, entered a recession in November after gross domestic product (GDP) fell by 0.5% in the third quarter. This followed a 0.4% fall in the second quarter. A country is considered to be in [...]

December 19, 2008 | 0 Comments More