French GDP expanded by 0.3% in the April-June quarter, surpassing the expected 0.2% growth. Domestic demand slightly picked up, with a rebound in investment and positive contributions from exports and stable household consumption.
Exports in France increased by 0.6% in the second quarter, driven by the delivery of a new ship, contributing positively to the country's economic growth.
INSEE had previously forecasted that the Olympic Games would boost France's economic growth in the Q3. Economists predict 0.2% growth for the wider eurozone in the last quarter.
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