Friday, May 13, 2011
Franco-German boom
Posted by David Smith at 09:00 AM
Category: Thoughts and responses

Whichever way you look at them, the French and German GDP figures are stunning, with first quarter rises of 1% and 1.5% respectively, compared with just 0.5% in the UK. German GDP is up by an adjusted 4.9% on a year earlier. Both quarterly rises followed increases in the fourth quarter of 2010, of 0.3% and 0.4% respectively. So if the UK has been flat over six months - on the official figures at least - these economies have grown significantly. This will further energise the UK debate.