A economy and France It grew a little in the first quarter, where the stagnant domestic demand and poor foreign trade were compensated to rebuild companies’ stocks, and preliminary data showed the inclusion of the Statistical Agency on Wednesday (30).
The second largest economy from The euro area It grew 0.1 % in the first three months of this year, after a slight decrease of 0.1 % in the fourth quarter of 2024.Begin).
I expected a Reuters survey with 29 economists 0.1 % of GDP in the first quarter, with estimates ranging from 0.0 % to 0.3 %.
Reading a weak beginning for what will be a troubled year for the French economy, although Finance Minister Eric Lombard said, after publishing the data, that the growth forecast of 0.7 % is still at hand.
It is clear that the horizons of 2025 have worsened and became more mysterious as a result of the (US President) trade.
In the first quarter, consumer spending – traditionally the French growth engine – did not change – compared to the end of 2024, as car sales decreased after the resumption of the green support scheme, while business investment decreased by 0.1 %.
Meanwhile, foreign trade launched 0.4 percentage points for growth, as imports grew by 0.4 % while exports decreased by 0.7 % despite the delivery of a tourist ship.
Inventory added 0.5 percentage percentage indicating growth due, in particular, to the formation of stocks by chemical and pharmaceutical companies and agricultural ventilation.
Professor says there is a structural problem in the global economy