The French economy expanded as initially estimated in the third quarter, second estimate from the statistical office Insee showed Tuesday.
Gross domestic product grew moderately by 0.2 percent sequentially, reversing a 0.1 percent fall in the previous quarter.
The expenditure-side breakdown of GDP showed that household consumption stagnated for the second consecutive quarter. Meanwhile, gross fixed capital formation gained slightly by 0.2 percent instead of 0.3 percent.
Final domestic demand was virtually stable, contributing +0.1 points to GDP growth in the third quarter.
Imports rebounded revised 2.5 percent after easing 1.7 percent in the second quarter. Exports logged a revised quarterly growth of 0.5 percent, following a 0.1 percent drop. Consequently, the foreign trade balance contributed -0.6 point to GDP growth.
Earlier, Insee had estimated a 2.2 percent increase in imports and 0.6 percent rise in exports.
Conversely, changes in inventories contributed positively by +0.7 points compared to prior estimate of +0.6 points.
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