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GDP grows moderately (+0.2%) in Q1 2024

From insee.fr

In Q1 2024, gross domestic product (GDP) increased moderately in volume terms* (+0.2% after +0.1% in the previous quarter). Final domestic demand (excluding inventories) bounced back and contributed positively to GDP growth this quarter (+0.4 points after 0.0 points in Q4 2023), due to the acceleration in household consumption (+0.4% after +0.2%) and the rebound of gross fixed capital formation (GFCF, +0.3% after ‑0.9%). Conversely, the contribution of foreign trade to GDP growth fell to zero in Q1 2024 (0.0 points after +1.0 point). Indeed, imports were slightly back on the rise (+0.2% after ‑2.3%), while ... (full story)

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