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French economic growth confirmed at 0.3% in second quarter - INSEE
Published by Global Banking & Finance Review®
Posted on August 29, 2025
1 min readLast updated: January 22, 2026
Global Banking & Finance Review®
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Published by Global Banking & Finance Review®
Posted on August 29, 2025
1 min readLast updated: January 22, 2026
France's economy grew 0.3% in Q2, confirmed by INSEE, with exports and consumption showing positive trends.
(Reuters) -France's economy grew slightly in the second quarter, final data from statistics office INSEE showed on Friday, confirming the preliminary reading of 0.3% that showed the euro zone's second-largest economy gaining momentum.
The result was in line with an average forecast of 0.3% in a Reuters poll of 21 economists.
Exports rebounded moderately to +0.5% after -1.2% in the previous quarter, boosted by a strong rise in exports of pharmaceutical products, the statistics office said.
Household consumption, the traditional driver of French growth, rebounded slightly to 0.0% from -0.3% in the previous quarter, as an increase in spending on food and services offset a sharp drop in energy spending (-2.4% in Q2 after +0.8% in Q1).
(Reporting by Alban Kacher; Editing by Matt Scuffham)
Economic growth refers to an increase in the production of goods and services in an economy over a period of time, typically measured by the rise in GDP.
Household consumption is the total amount of goods and services consumed by households, reflecting consumer spending and economic activity within a country.
Exports are goods and services produced in one country and sold to another, contributing to the exporting country's economy and trade balance.
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