India, July 30 -- The French economy logged a faster-than-expected growth in the second quarter on recovering household spending, official data showed Wednesday.
Gross domestic product grew 0.3 percent from a quarter ago, the statistical office INSEE showed on Wednesday. The economy was expected to grow at a steady pace of 0.1 percent in the second quarter.
The expenditure-side breakdown of GDP showed that final domestic demand provided zero contribution to growth.
Household consumption rebounded slightly by 0.1 percent, following a 0.3 percent drop. At the same time, government spending climbed 0.2 percent, the same pace as seen in the previous period.
Meanwhile, gross fixed capital formation fell 0.3 percent after a 0.1 percent drop....