The French economy expanded more than estimated in the fourth quarter, revised data from the statistical office Insee showed Friday.
Gross domestic product grew 0.3 percent sequentially instead of 0.2 percent at the end of 2015. The economy had expanded by a similar 0.3 percent in the third quarter.
In 2015, GDP grew 1.1 percent, much faster than the 0.2 percent rise seen in 2014.
On the expenditure side, gross fixed capital formation increased at a pace of 0.7 percent following a 0.1 percent rise. Meanwhile, household spending fell 0.2 percent reversing a 0.5 percent rise.
Exports rebounded in the fourth quarter, up 1 percent in contrast to a 0.6 percent drop. At the same time, growth in imports accelerated to 2.5 percent from 1.7 percent. In total, foreign trade again weighed on GDP growth.
Conversely, stocks changes contributed positively by +0.7 points, as seen in the third quarter.
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