France's GPD growth q/q: actual, carry-over and forecastsWill Q3 growth confirm the upturn seen in Q2? The rebound in growth in Q2 was driven by aeronautics and agricultural production, as well as household investment. These sectors continue to benefit from favorable conditions in Q3, as suggested by our nowcast, which points to growth of 0.3% q/q in Q3 (as in Q2). Credit developments: Growth in outstanding corporation investment loans increased slightly in July, while outstanding treasury loans continued to decline, mainly due to corporations repaying state-guaranteed loans (PGE). Outstanding loans to households for house purchase continued to recover, while loans for consumption remained vigorous.
Completed on October 3, 2025.