France's real GDP rose +0.2% QoQ in Q4 2025, confirming the preliminary estimate of a slower quarterly expansion to end the year.

• GDP growth slowed to +0.2% QoQ (Q3: +0.5%), indicating weaker overall momentum compared with the prior quarter.

• Household consumption accelerated to +0.4% QoQ (Q3: +0.1%), with goods +0.5% and services +0.2%, providing support to domestic demand.

• Gross fixed capital formation increased only +0.3% QoQ (Q3: +0.8%), reflecting a decline in manufactured products investment (-1.0%) and slower construction growth (+0.4%).

• Net trade contributed +0.7 ppts to GDP (Q3: +0.5 ppts) as exports rose +1.0% QoQ while imports fell -1.1%, boosting external demand contribution.

• Inventory changes subtracted -0.8 ppts from growth (Q3: -0.4 ppts), remaining a significant drag following transport equipment deliveries.

• Household purchasing power per consumption unit declined -0.3% QoQ (Q3: -0.4%) and the savings rate fell to 17.9% (Q3: 18.3%, Q2: 18.7%), reflecting consumption rising faster than income.

• Hours worked edged down -0.1% QoQ and employment was stable, showing limited labor input growth.

• Non-financial corporation margins were stable at 31.5%, while the corporate savings rate dropped to 17.3% due to exceptional profit contributions.