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Growth is slightly better than expected in 2018: 1.7 instead of 1.6 (INSEE)



Exports grew faster than previously estimated by INSEE, with an increase of + 3.5% in 2018.

This caused the statistical office to revise last year's GDP growth from + 1.6% to + 1.7%, which was slightly affected by the spring railroad workers strike and the "yellow vest" crisis.

While INSEE estimates last year's growth to be 1.6%, the agency has reduced its calculations and now estimates that the country's GDP grows by 1.7% in 2018.


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