Economic Slowdown in France

France experienced a slight economic downturn in the fourth quarter of 2024, with the GDP decreasing by 0.1% compared to the previous quarter, as reported by the National Institute of Statistics and Economic Studies (INSEE). This marks a reversal from the 0.4% growth observed in the third quarter.

Consumption Trends

During the same period, the consumption of services saw a 0.1% decline, whereas the consumption of goods witnessed a 0.2% increase, highlighting a mixed performance across different sectors of the economy.

Trade Balance

Exports showed signs of recovery, growing by 0.4%, with imports also increasing by the same margin. However, the overall impact of foreign trade on GDP growth was neutral, according to INSEE.