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MNI: FRANCE DATA: Flash GDP (Q1 2019) Preview -......>

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MNI: FRANCE DATA: Flash GDP (Q1 2019) Preview - 06:30 BST
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- Bloomberg Consensus: 0.3% q/q, 1.1% y/y; MNI Median: 0.3% q/q, 1.1% y/y; Prev
(Q4): 0.3% q/q, 1.4% y/y
- Markets expect quarterly growth to maintain its Q4 pace, in line with the Bank
of France's official Q1 projection
- Growth slowed notably in 2018 as conditions deteriorated across key Eurozone
and global trading partners
- Social unrest towards year-end further weighed on activity and sentiment
- France's composite PMI registered its lowest quarterly avg in Q1 since Q4 2014
- Recent developments have encouraged hopes of a brighter outlook ahead...
- ... In response to the anti-government protests, President Macron recently
announced income tax cuts...
- ... which will support disposable incomes and private consumption amid a
still-challenging external environment

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