Activity awaiting renewed confidence Economic Outlook - December 2024
Foreign trade
Imports fell back in Q3 2024 (-0.6% after +0.1% in Q2) in the wake of investment, while exports declined even further (-0.8% after +0.6%), with the result that foreign trade weighed a little on GDP growth (-0.1 points). The drop in exports particularly concerned manufactured products (-1.9%): this reflects on the one hand losses in market share by French exporters, and on the other hand a reaction to the sizeable naval deliveries in Q2. Sales in agriculture also plummeted (-12.0%), due to poor French harvests, a similar situation to that observed in 2016. Conversely, exports of services were dynamic (+1.3%), mainly with revenue from the audiovisual broadcasting of the Olympic and Paralympic Games, which was recorded in the national accounts when these sporting events were held...
Conjoncture in France
Paru le :20/12/2024