Headline miss
The numbers:
- French Flash GDP q/q: 0.2% v 0.3% expected and 0.2% previous
- French Flash GDP y/y: 1.7% v 1.9% expected and 2.2% previous
Some headlines
- French q2 household spending -0.1% q/q, business investment +1.1%
- French q2 domestic demand ex. inventories contributed +0.2% to q2 GDP, foreign trade -0.3% and inventory rebuilding +0.3% - INSEE
Not going to effect the Euro.