In the first quarter of 2010, French GDP increased by +0.1 % in volume*.
Households’ consumption’s expenditures levelled out (+0.0% after +0.9%). Total GFCF decreased again, but with a lesser magnitude than in the previous quarter (–0.8% after –1.1%). Altogether, total domestic demand (excluding inventory changes) negatively contributed to GDP growth: –0.1 point after +0.5 point in the fourth quarter of 2009. Foreign trade balance improved on the first quarter and buoyantely contributed to GDP growth (+0.4 point after –0.6 point): exports bounced (+3.9% after +0.4%) whereas imports decelerated (+2.0% after +2.6%). Inventory changes negatively contributed to activity: –0.1 point after +0.6 point.
* This growth rate is seasonally and trading-day adjusted; volumes are chain-linked previous-year-prices volumes.
GDP and its main components
|percentage change from previous period, trading-days and seasonally adjusted data|
|2009 Q2||2009 Q3||2009 Q4||2010 Q1||2009||2010|
|Households' consumption expenditure||0,4||0,3||0,9||0,0||0,7||0,9|
|General government's consumption expenditure||0,8||0,8||0,7||0,1||2,7||1,2|
|of which Non financial corporated and unincorporated enterprises||-1,4||-1,3||-1,2||-0,9||-7,9||-2,8|
|Internal demand excluding inventory changes||0,1||0,1||0,5||-0,1||-0,5||0,3|
|Net foreign trade||0,9||0,4||-0,6||0,4||-0,2||0,4|
n° 127 - May 12, 2010
Quarterly national accounts - preliminary figures - 1st quarter 2010
Next issue August 14, 2013 07:30 - 2nd quarter 2013
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