In the UK, house prices have accelerated again - but a slowdown may be looming as unemployment jumps.

than usual, in the next releases of quarterly accounts. French Shares Book Worst Month since March, France Inflation Rate Stalls Again in October, France Household Consumption Falls the Most since April, French Registered Jobless Falls at Slower Pace, France Producer Prices Rise Slightly Faster, French Private Sector Activity Contracts More than Expected, French Services Activity Shrinks for 2nd Month, France Factory Activity Expands at a Softer Pace, Dow and S&P on Track for 2nd Month of Losses, Colombia Jobless Rate Jumps to 15.8% in September, Colombia Exports Continue to Drop in September, Canada Government Budget Deficit Widens Sharply in August, Chile Retail Sales Rise the Most in 7 Years, Brazilian Real Hovers at Over 5-Month Lows, Spain Current Account Surplus Falls by Near 300%. A second GDP release published by the Statistical Institute on 28 August confirmed that the economy nosedived a record 13.8% on a seasonally-adjusted quarter-on-quarter basis in the second quarter, which followed the first quarter's 5.9% contraction. growth: –2.3 points, after –0.1 points the previous quarter. l’onglet contenant le tableau ou de l’onglet contenant le graphique, Economie - conjoncture - comptes nationaux, Toutes les régions ou tous les départements, Quality in the Official Statistical Service (SSP), Quality Management Actions and Initiatives as part of a Process-Oriented Approach, French classification of activities - NAF Rev. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Household consumption dropped in Q1 2020 (–6.1%), both in goods (–7.3%) and in services

Eurozone GDP figures should show that the region has escaped recession, growing by an estimated 9.4% in the third quarter of 2020. Nevertheless, GDP remained well below the level it had before the health crisis: measured in volume, compared to its level in Q3 2019 (year-on-year), GDP of Q3 2020 was 4.3% lower.

of building sites during the lockdown and despite their gradual recovery from May, Europe shrank by over 11% in April-June, remember, as tough lockdowns were imposed.

It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. to the shut-down of “non-essential” activities in the context of the implementation In Q1 2020, GDP in volume terms fell sharply: –5.8%, the biggest drop in the series’ –0.2 points, after –0.1 points the previous quarter. The GDP growth estimate for Q4 2019 is confirmed at –0.1%. Overall, final domestic demand With regards to goods, consumption In a worrying sign, German retail spending fell more than expected in September. The seasonally-adjusted IHS Markit Flash Composite Purchasing Managers’ Index (PMI) fell to 47.3 in October, from 48.5 in September, marking the worst reading in five months. formation in a more pronounced manner (GFCF: –11.8%). FRANCE GDP growth in 2019 has been revised up to 1.5% but the forecast for 2020 has been revised down to about - 10 ½% from close to -8 ¼% in the spring. beginning of May in the context of the fight against the Covid-19 pandemic. October 15, 2020. All very encouraging.... until you remember that France has just entered a new national lockdown that will slow the recovery sharply. Returning to growth should be a cause of celebration, but probably not today, with France and Germany both heading into new lockdowns to battle the virus, which will slow growth sharply this quarter. GDP Annual Growth Rate in France averaged 3.04 percent from 1950 until 2020, reaching an all time high of 12.60 percent in the second quarter of 1969 and a record low of -18.90 percent in the second quarter of 2020. The seasonally-adjusted IHS Markit Composite Purchasing Managers’ Index (PMI) dropped to 48.5 in September from August’s 51.6. previous-year-prices volumes. Behavioural shifts as a result of Covid-19 may provide support for housing market activity, while the stamp duty holiday will continue to provide a near term boost by bringing purchases forward. Germany 's retail sales fell by -2.2% MoM in September, much more than expected -0.8%, hinting cold autumn for German (and possibly Eurozone) consumption@graemewearden, German retail sales dropped quite sharply in September (-2.2% m/m). France PIB Dernier Précédent Le plus élevé Le Plus Bas Unité; Croissance Du Pib -13.80-5.90: 8.00-13.80: Pour Cent as much as in Q1), especially in manufactured goods.

of engineered goods fell strongly (–12.0% after –16.0%) and expenditure on energy Nationwide has reported that annual house price growth rose to 5.8% in October, the highest rate since January 2015.

contributed positively to GDP growth (+0.9 points).

government expenditure also stepped back (–8.0% after –3.5%). Trade also made a positive contribution to GDP, with exports up 23.2% in July-September and imports only up 16.0%. French Shares Book Worst Month since March, France Inflation Rate Stalls Again in October, France Household Consumption Falls the Most since April, French Registered Jobless Falls at Slower Pace, France Producer Prices Rise Slightly Faster, French Private Sector Activity Contracts More than Expected, French Services Activity Shrinks for 2nd Month, France Factory Activity Expands at a Softer Pace, Dow and S&P on Track for 2nd Month of Losses, Colombia Jobless Rate Jumps to 15.8% in September, Colombia Exports Continue to Drop in September, Canada Government Budget Deficit Widens Sharply in August, Chile Retail Sales Rise the Most in 7 Years, Brazilian Real Hovers at Over 5-Month Lows, Spain Current Account Surplus Falls by Near 300%, US Consumer Sentiment Reamins Strongest Since March.

Spending by consumers and government lifted the French economy back to growth in the third quarter, INSEE explains. Conversely, changes in inventory contributed positively, adding 0.6 points.

.

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