France's Q1 2024 GDP increased 0.2% YoY, driven by household spending and business investments.

France's GDP increased by 0.2% year-on-year in Q1 2024, slightly better than anticipated, following a 0.1% rise in Q4 2023. Final domestic demand positively contributed to the GDP growth, while foreign trade's contribution dropped to zero and inventory changes negatively impacted GDP growth during the same period. Household spending and business investments increased, driving growth in the first quarter.

April 30, 2024
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