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French Q4 GDP -0.3% Q/Q vs +0.1% in Q3 and consensus of -0.2%. On year, GDP -0.3%. For 2012, GDP records zero growth vs +1.7% in 2011 and government forecast of +0.8%. Economists expect GDP to contract again in Q1, which would put France into recession. Yesterday, Finance Minister Pierre Moscovici said the government might have to lower its 2013 growth outlook. (PR)

French Q4 GDP

-0.3% Q/Q vs +0.1% in Q3 and consensus of -0.2%. On year, GDP -0.3%. For 2012, GDP records zero growth vs +1.7% in 2011 and government forecast of +0.8%. Economists expect GDP to contract again in Q1, which would put France into recession. Yesterday, Finance Minister Pierre Moscovici said the government might have to lower its 2013 growth outlook. (PR) Post your comment!

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