INSEE reports that purchases of goods remained stable, although penalized by a notable drop in sales of new cars (-3.5%) due to supply difficulties. Construction stabilized during the quarter.
On the other hand, the contribution of foreign trade to growth decreased and reached a zero level, although exports started to rise again, in particular thanks to food products (+14.9%).
While some observers continue to believe that the objective will be difficult to maintain, the Minister of the Economy Bruno Le Maire wanted to be optimistic on the social networkTo all those who want to believe that our economy is at a standstill: the facts are stubborn. French growth is progressing. This is a new sign that reflects the solidity of our economy. The government’s strategy is paying off”.
To achieve this objective, economic growth must be maintained at a quarterly rate of at least 0.3% over the next three quarters.
