Published by Global Banking & Finance Review®
Posted on May 28, 2025
1 min readLast updated: January 23, 2026
Add as preferred source on GoogleFrance's economy grew by 0.1% in Q1 2024, confirmed by INSEE, with increased household savings and slight corporate profit margin decline.
(Reuters) -France's economy grew slightly in the first quarter, final data from statistics office INSEE showed on Wednesday, confirming the preliminary reading of 0.1% that showed a rise in companies' inventories balancing out weak domestic demand and exports.
The result was in line with an average forecast in a Reuters poll of 24 economists.
French households' purchasing power increased by 0.3%, the same rate as in the previous quarter.
Household savings rate grew to 18.8% in the first quarter from 18.5% in the last quarter of 2024, the statistics office said.
French corporate profit margins inched down to 31.8% in the first three months of the year from 32% in the previous period.
(Reporting by Michal Aleksandrowicz; Editing by Sharon Singleton and Tomasz Janowski)
France's economy grew by 0.1% in the first quarter, confirming the preliminary reading.
Household purchasing power in France increased by 0.3%, maintaining the same rate as in the previous quarter.
The household savings rate grew to 18.8% in the first quarter, up from 18.5% in the last quarter of 2024.
French corporate profit margins inched down to 31.8% in the first three months of the year from 32% in the previous period.
The growth result of 0.1% was in line with the average forecast from a Reuters poll of 24 economists.
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