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| | France's Insee sees 2007 GDP growth of 2.1 pct versus 2.2 pct in 2006 - Forbes.com (Site not responding. Last check: 2007-11-06) |
 | | The Insee GDP figure, given in its quarterly report on the French economy, is marginally lower than the OECD's estimate of 2.2 pct GDP growth for 2007 and government estimates of 2.25-2.5 pct, and compares unfavourably with the European Commission forecast of 2.4 pct growth. |
 | | Regarding the main components of GDP growth, Insee said domestic demand will remain robust over the year, with household consumption in particular benefiting from increased spending power due to a dynamic employment market, tax reductions and a decline in inflation. |
 | | With regard to the other components of growth, Insee sees corporate investment continuing to rise at a moderate pace in 2007, up 5.4 pct compared to 4.6 pct in 2006, while household savings should slow, rising 0.4 pct compared to +4.5 pct a year earlier. |
| www.forbes.com /markets/feeds/afx/2007/06/21/afx3846697.html (547 words) |
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