--Insee: French final Q3 GDP rev dn to +0.6% on qtr from +0.7%
--French final Q3 exports rev up to +2.4%/qtr; imports +4.6%
--French final Q3 hhold spdg +0.4% on qtr; dom demand +1.1%
--French final Q3 fixed total investment rev up at +1.7% on qtr
By BridgeNews
Paris--Jan. 12--The French economy grew at a 0.6% pace in the third quarter of the year, slower than a preliminary 0.7% reading given by the government in November. Final GDP data for the period issued by national statistics institute INSEE Friday showed a sharp upward revision to imports and business fixed investment, and downward revisions in household fixed investment and inventories.
* * * Third-quarter GDP was up 3.0% on year, originally reported up 3.1%. Based on the third-quarter growth rate, Insee calculated that French GDP growth would be 2.9% for all of 2000 if growth were zero for the remaining one quarter. This figure was reported in the preliminary third quarter data as 3.0%, and is slightly lower than Bank of France estimates of 3.0% 2000 GDP and the French Finance Ministry projection of 3.1% growth.
Second-quarter growth was reported up at +0.8%.