Growth: the Gallic village resists
INSEE, the French statistical institute published its new forecasts for the first half of this year. (Its forecasts are just for a semester to avoid being in conflict with the…
Philippe Waechter's blog
The German economy on the way to normalization
German growth stopped during the second half of 2018. During this period, the GDP was up by only +0.1% compared to the first six months (at annual rate). It can…
French growth's low momentum
The French GDP growth was 1.1% (at annual rate) during the fourth quarter of last year. The same number than during the third quarter. Social unrest has had no impact…
Just a remark on the US growth profile in 2019
US growth is expected at 2.9% on average in 2018. This corresponds to a growth rate of 0.7/0.8% in Q4 (non-annualized figures). This view is consensual, as is the consensual…
US, UK, France and Spain – Heterogeneous growth during the first quarter
During the first quarter, growth was robust in the US and in Spain, slightly lower than expected in France and weaker than anticipated in the United Kingdom. The first graph…
French GDP – First elements
French growth slows in Q1 2018 with + 0.3% (non annualized) vs. 0.7% in Q4 2017. Carryover growth for 2018 is 1.2%. Explanation : a more limited dynamics of business…
France – GDP growth at 1.9% in 2017
The French GDP growth in 2017 has accelerated to 1.9% on average after 1.1% in 2016. The quarterly sequence of the GDP expansion was steady at 0.6% per quarter except…