According to INSEE, estimates from quarterly national accounts show that the Gross Domestic Product (GDP) in volume, seasonally adjusted, rose by 2.6% year-on-year in the first quarter of 2026.
On a quarterly basis, that is, compared with the fourth quarter of 2025, the GDP in volume recorded a decline of 0.3%.
The quarterly breakdown of GDP by use components shows an increase in the volume of domestic demand, composed of consumer expenditures and gross fixed capital formation, i.e., investment, of 5.2%.
This development thus contributed positively by 5.64 percentage points to the observed GDP growth rate, which stood at 2.6%.
By contrast, the net balance of external trade contributed negatively, by 3.08 points. The volume of exports of goods and services rose by 4.2%, while that of imports rose by 9.3%.
