French GDP growth reached 2.6% in 2022

Growth in French economic activity reached 2.6% in 2022, marked however by a slowdown in the fourth quarter due to a sharp decline in household consumption in a context of high inflation, INSEE said on Tuesday. .

In 2022, gross domestic product (GDP) benefited above all from the rebound in activity recorded in the second part of 2021 “at the end of the health crisis”, then proving to be “significantly less dynamic”, according to the National Institute of Statistics. (INSEE). The figures are better than expected, however, as he expected GDP to rise by 2.5% and contract by 0.2% in the fourth quarter.

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