In Q3 2023, gross domestic product (GDP) slowed down: it increased by 0.1% in volume terms*, after +0.6% in the previous quarter. Final domestic demand (excluding inventories) accelerated and contributed positively to GDP growth this quarter (+0.7 points after +0.2 points in Q2 2023), due to the combined rise in household consumption (+0.7% after 0.0%) and gross fixed capital formation (GFCF, +1.0% after +0.5%). Conversely, foreign trade shrank in Q3 2023: exports fell back sharply after a buoyant second quarter (‑1.4% after +2.4%), as well as imports to a lesser extent (-0.5% after +2.5%). Against this ... (full story)