All the day’s economic and financial news, including new growth reports from France and the US
- Breaking: French GDP grew 0.5% in second quarter of 2017
- Big jump in net trade as exports surge
- It’s the fourth quarter of growth in a row
- What the experts say
- Coming up: US growth figures at 1.30pm BST
The news that France’s economy grew by a healthy 0.5% last quarter should reassure investors, says Naeem Aslam of Think Markets:
Over in Europe, the French GDP data brought more light for the Eurozone’s economy. The problem child of the Eurozone is no longer a problem child, in fact, it has grown up and living up to the expectations.
Bloomberg journalist Mark Deen reckons the French economy has entered a purple patch:
French GDP in best run since 2011. Numbers strong if you dig into them – external trade contributing 0.8%, biggest such since 2010 pic.twitter.com/9Mn5dmUDZh