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France : Retail Snapshot - Q3 2013

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In the second quarter of 2013, GDP rose by 0.5% following a 0.2% fall in each of the two previous quarters. This represents the largest expansion since Q1 2011 and resulted in annual GDP growth of 0.1%. Business is profiting from an improvement in both investment and external demand. Despite fiscal pressures and a high unemployment rate, household consumption is also moving in a positive direction, mainly as a result of French social safety nets and a fairly moderate rate of inflation.

Source : Cushman & Wakefield

Keywords : Cushman & Wakefield
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