French economy bounces back in Q2 but overall momentum remains sluggish

Q2 preliminary GDP +0.2% vs +0.2% q/q expected Prior (Q1) -0.1% Q2 preliminary GDP +0.7% vs +0.8% y/y expeced Prior (Q1) +0.9% The French economy is estimated to have rebounded in Q2, helped mostly by a modest recovery in domestic demand conditions. Overall, domestic demand…