A number of one-off factors hurt growth dynamics, but there are many reasons to think that expansion will pick up in the rest of this year. France is the first country in the euro area to publish Q2 GDP figures. The economy expanded by 0.2% q-o-q in Q2, the same pace as the previous quarter and below consensus expectations of 0.3%. The key source of disappointment was private consumption, which was hit by one-off...
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A number of one-off factors hurt growth dynamics, but there are many reasons to think that expansion will pick up in the rest of this year.France is the first country in the euro area to publish Q2 GDP figures. The economy expanded by 0.2% q-o-q in Q2, the same pace as the previous quarter and below consensus expectations of 0.3%.The key source of disappointment was private consumption, which was hit by one-off factors such as unseasonal weather and transport strikes. More positively,...
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