30 October 2025, 11:53 France: Q3 GDP Growth Beats Estimates.
France’s economy expanded by 0.5% quarter-on-quarter in Q3 2025, accelerating from 0.3% in the previous quarter and well above market expectations of 0.1%. This marked the fastest quarterly growth since Q2 2023, supported by a sharp rise in exports and solid domestic demand. Exports jumped 2.2% (vs +0.3% in Q2), led by strong performance in transport equipment, particularly aerospace, as well as in the chemical and pharmaceutical sectors. Meanwhile, imports declined 0.4% (vs +1.4% in Q2), resulting in a 0.9 percentage point contribution from net trade. On the domestic side, final demand added 0.3 percentage points to GDP growth. Fixed investment rose 0.4% after stagnating in Q2, buoyed by a rebound in manufactured goods, especially capital goods and transport equipment. Household consumption remained stable at +0.1%, while inventory changes subtracted 0.6 percentage points. On an annual basis, GDP rose 0.9%, representing the strongest yearly growth in four quarters.
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