France Q2 GDP Growth Confirmed at 0.3%
2025-08-29 07:19
By
Farida Husna
1 min. read
The French economy grew 0.3% qoq in Q2 2025, in line with preliminary estimates, picking up from 0.1% in Q1 and marking the strongest pace in three quarters.
Final domestic demand made a modest contribution, with household consumption stagnating after a 0.3% drop previously.
A sharp decline in energy spending was offset by a rebound in food and accommodation services.
At the same time, government spending rose 0.4%, quickening from a 0.2% gain.
Inventories added 0.5ppts to GDP, contributing positively for the second straight period.
Meanwhile, fixed investment shrank 0.1% for the second quarter, weighed down by continued weakness in construction and a pullback in transport equipment.
Simultaneously, net trade dragged 0.3ppts on growth, as exports rebounded (0.5% vs -1.2% in Q1), helped by firms front-loading shipments to the US ahead of new tariffs.
Meantime, imports jumped (1.3% vs 0.4%) on a surge in refining activity.
Year-on-year, GDP rose 0.8%, faster than Q1’s 0.6% growth.