French GDP falls 0.1% in third quarter as trade weighs on growth
France’s real gross domestic product fell 0.1% in the third quarter of 2026 after remaining stable in the second, INSEE reported in its first estimate on 30 October. The figures are adjusted for seasonal and working-day effects; the decline is quarter on quarter, rather than an annualized growth rate.
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Household consumption increased 0.4% and government consumption 0.3%, while gross fixed capital formation fell 0.6%. Final domestic demand excluding inventories contributed 0.1 percentage point to GDP growth. Exports declined 1.7% while imports increased 0.1%, leaving foreign trade with a negative contribution of 0.6 percentage point.
Changes in inventories contributed a positive 0.4 percentage point. Contribution figures in percentage points are distinct from each component’s percentage growth rate. The release measures economy-wide activity in chain-linked volumes, including services, and is a preliminary national-accounts estimate that may be revised. It should not be confused with the separate monthly indicator of household goods purchases.
Data
Source publication
Publication of the official announcement on 30 October 2026.
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French GDP falls 0.1% in third quarter as trade weighs on growth
France’s real gross domestic product fell 0.1% in the third quarter of 2026 after remaining stable in the second, INSEE reported in its first estimate on 30 October. The figures are adjusted for seasonal and working-day effects; the decline is quarter on quarter, rather than an annualized growth rate.
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