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In Q3 2023, GDP fell slightly (-0.1%), as did household purchasing power (-0.2% per consumption unit).
In the third quarter of 2023, gross domestic product (GDP) growth was revised to -0.1% in volumes terms. The purchasing power of households gross disposable income (GDI) per consumption unit fell slightly (-0.2%) after remaining stable in the previous quarter. The household saving rate fell this quarter to 17.4% of GDI, after 17.9% in the previous quarter. The profit margin of non-financial corporations was virtually stable at 33.0% of their value added, after 33.1% in the second quarter. The general government borrowing requirement increased by 0.4 points of GDP to 4.8% of GDP. In the third quarter of 2023, GDP fell ... (full story)
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