MADRID, 31 Ene. (EUROPA PRESS) -
The French economy slowed down the expansion of the gross domestic product (GDP) in the fourth quarter of the year to 0.1%, compared to growth of 0.2% in the third quarter, according to preliminary data published by the National Institute of Statistics and Studies Economic (Insee).
In this way, the average growth for the whole of 2022 slowed to 2.6% from the 6.8% registered in 2021, explained the French statistical institute.
Between October and December, final domestic demand contributed negatively to quarterly GDP growth, with a fall of 0.2%, compared to growth of 0.9% in the previous quarter, due to a sharp fall in household consumption (- 0.9%).
On its side, the growth of gross fixed capital formation slowed down to 0.8% compared to 2.3% in the third quarter, but remained dynamic.
Foreign trade contributed positively to quarterly GDP growth (0.5 points), after a negative contribution in the previous quarter. Imports fell sharply (-1.9%) and imports fell 0.3%.