Moderate consolidation and renewed growth Economic Outlook - december 2025

 

Conjoncture in France
Paru le :Paru le19/12/2025
Conjoncture in France- December 2025
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Economic activity

In Q3 2025, French GDP gained momentum (+0.5% after +0.3%). Domestic demand picked up slightly (contributing +0.3 points to Q3 GDP growth, after +0.2 points in Q2), driven by buoyant corporate investment (+0.8% after +0.2%) and by the still sustained pace of government consumption (+0.5%, as in the spring). Household consumption, however, remained sluggish once again (+0.1%, as in the previous quarter): it has not increased over the past year. Household investment was almost flat (-0.1% after -0.2%). Foreign trade picked up significantly (contributing +0.6 points to GDP growth) after hampering activity in H1 2025. Exports surged (+3.2% after +0.3%), boosted by record-breaking aeronautical deliveries, while imports remained robust (+1.3% after +1.5%). This positive contribution was offset by a destocking trend (contribution of -0.4 points)...

Conjoncture in France

Paru le :19/12/2025