The French statistical office Insee released its preliminary gross domestic product data for France on Friday. The French preliminary GDP rose 0.5% in the first quarter, after a 0.3% increase in the fourth quarter of 2015.
Household spending climbed 1.2% in the first quarter, after a 0.1% fall in the fourth quarter of 2015, while government spending rose 0.4%, after a 0.5% gain in the fourth quarter.
Business investment rose 0.9% in the first quarter, after a 0.7% increase in the fourth quarter
Total production in goods and services was up 0.6% in the first quarter, after a 0.6% rise in the fourth quarter.
Export decreased 0.2% in the first quarter, while imports rose 0.5%.
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