Latest data out a few moments ago

  • +0.2% prev
  • yy +1.4% vs +1.3% exp/prev

Better than expectations will be welcome news for the French economy but still a long way to go. I'll try and supply a bit more detail in due course.

Also out Consumer Spending Jan:

  • mm +0.6% as exp vs +1.0% prev rev up from +0.6%
  • yy +0.6% vs +0.3% exp vs +0.6% prev rev up from +0.3%

French GDP QQ