Economic Indicators

French Q3 economic growth confirmed at 0.4% – INSEE

2024.11.29 03:45

(Reuters) – France’s economy grew 0.4% in the third quarter of 2024, official data from the country’s statistics office INSEE showed on Friday, driven by positive fallbacks from the Paris Olympics.

According to the institute, France’s gross domestic product (GDP) grew by an average of 0.4% over the July-September period, confirming the preliminary figure published in October.

A Reuters poll of 25 economists had on average forecast 0.4% growth in the third quarter.

© Reuters. A woman shops in a supermarket in Chanverrie, France, October 16, 2024. REUTERS/Stephane Mahe/File Photo

“Household consumption recovers (+0.6% after remaining stable in the second quarter), driven in particular by an acceleration in the consumption of services (+0.9% after +0.5%), partly as a result of the recording of the Olympic and Paralympic Games ticket sales,” the statistics office said.

French exports, penalised by exports of goods, fell at -0.8% following a 0.6% increase in the previous quarter, while imports saw a -0.6% decrease in the quarter, according to INSEE.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 96,144.76 0.64%
ethereum
Ethereum (ETH) $ 3,648.94 1.47%
xrp
XRP (XRP) $ 2.73 12.33%
tether
Tether (USDT) $ 1.00 0.13%
solana
Solana (SOL) $ 228.27 0.92%
bnb
BNB (BNB) $ 652.41 0.94%
dogecoin
Dogecoin (DOGE) $ 0.42414 5.42%
cardano
Cardano (ADA) $ 1.30 11.93%
usd-coin
USDC (USDC) $ 0.999915 0.04%
staked-ether
Lido Staked Ether (STETH) $ 3,645.82 1.55%
avalanche-2
Avalanche (AVAX) $ 51.90 6.93%
tron
TRON (TRX) $ 0.224442 6.73%
shiba-inu
Shiba Inu (SHIB) $ 0.000029 4.43%
the-open-network
Toncoin (TON) $ 6.62 1.40%
stellar
Stellar (XLM) $ 0.532123 2.93%
polkadot
Polkadot (DOT) $ 10.21 10.00%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,316.91 1.96%
chainlink
Chainlink (LINK) $ 24.37 26.75%
hedera-hashgraph
Hedera (HBAR) $ 0.376701 59.15%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 95,746.65 1.41%
bitcoin-cash
Bitcoin Cash (BCH) $ 538.99 0.90%
weth
WETH (WETH) $ 3,652.76 1.50%
sui
Sui (SUI) $ 3.37 0.25%
litecoin
Litecoin (LTC) $ 129.37 6.15%
near
NEAR Protocol (NEAR) $ 7.37 6.68%
pepe
Pepe (PEPE) $ 0.000021 3.90%
uniswap
Uniswap (UNI) $ 14.03 7.81%
leo-token
LEO Token (LEO) $ 8.78 0.81%
aptos
Aptos (APT) $ 13.93 7.15%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,846.94 1.42%
internet-computer
Internet Computer (ICP) $ 14.02 3.86%
crypto-com-chain
Cronos (CRO) $ 0.204156 8.21%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.685093 9.91%
usds
USDS (USDS) $ 1.00 0.33%
vechain
VeChain (VET) $ 0.066713 30.14%
ethereum-classic
Ethereum Classic (ETC) $ 33.94 0.43%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.94 5.96%
render-token
Render (RENDER) $ 9.22 9.14%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.04%
filecoin
Filecoin (FIL) $ 7.40 1.63%
bittensor
Bittensor (TAO) $ 603.40 3.08%
algorand
Algorand (ALGO) $ 0.535755 9.41%
arbitrum
Arbitrum (ARB) $ 1.04 5.78%
kaspa
Kaspa (KAS) $ 0.156581 5.89%
cosmos
Cosmos Hub (ATOM) $ 9.90 9.31%
blockstack
Stacks (STX) $ 2.44 4.99%
dai
Dai (DAI) $ 0.999512 0.22%
immutable-x
Immutable (IMX) $ 2.05 1.58%
aave
Aave (AAVE) $ 227.83 6.17%
celestia
Celestia (TIA) $ 7.67 3.02%