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In Q1 2024, French GDP increased (+0.2%) and household purchasing power rose (+0.5% per consumption unit)

From insee.fr

In Q1 2024, the GDP growth in volume terms increased moderately (+0.2% after rounding). The purchasing power of household gross disposable income (GDI) per consumption unit slowed down (+0.5% after +0.8%). The household savings rate increased again: it stood at 17.6% of the GDI after 17.2% in Q4 2023. The margin rate of non-financial companies (NFCs) fell sharply in Q1 2024, at 32.1% of their value added, after 33.3% in Q4 2023. In the first quarter of 2024, GDP grew by 0.2% In Q1 2024, GDP in volume terms* increased moderately (+0.2% in quarterly variation after +0.3%). Household consumption slowed down (+0.1% after ... (full story)

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