In the third quarter of 2024, French GDP increases by 0.4% and household purchasing power by 0.7% (per consumption unit)

From insee.fr

In the third quarter of 2024, the gross domestic product (GDP) in volume will increase by 0.4%, driven by the Paris Olympic and Paralympic Games. The purchasing power of household gross disposable income (GDI) per consumption unit is accelerating (+0.7% after +0.4%). As household consumption expenditure is less dynamic than their purchasing power, the savings rate is increasing slightly: it stands at 18.2% of their GDI, after 17.9% in the second quarter. The margin rate of non-financial corporations (NFCs) rebounded sharply in the third quarter of 2024: it stood at 32.4% of their added value, after 31.2% in the ... (full story)