French Q2 GDP revised up to 1.2 pct rise from Q1; Q1 GDP revised down

French second-quarter GDP grew 1.2 pct from the first quarter, an upward revision from the previous estimate of 1.1 pct growth, the statistics office Insee said. The first quarter's GDP growth was revised downward to 0.4 pct from a previous 0.5 pct. Economists polled by AFX News had expected the second-quarter figure to stay unchanged at 1.1 pct. Imports of goods and services in the second quarter grew 3.2 pct, revised downward from 3.3 pct. First-quarter imports grew 1.4 pct, revised upward from 1.2 pct. Export growth in the second quarter was 1.6 pct, revised downward from 1.8 pct. First-quarter exports grew 3.2 pct, revised downward from 3.4 pct. Gross capital formation in the second quarter increased 1.7 pct, faster than the earlier estimate of 1.5 pct. The first-quarter figure was unchanged at zero growth. Total domestic demand in the second quarter increased 1.7 pct, revised upward from 1.6 pct. The first-quarter figure was kept unchanged at a decline of 0.1 pct.