France’s economy stalled between January and March, recording zero growth as weak domestic demand and declining foreign trade weighed on activity, according to INSEE.
Preliminary data on gross domestic product (GDP) showed no expansion in the first quarter. Reduced consumer spending and a sharp negative contribution from exports were key factors.
The slowdown has been linked to wider global tensions, including the conflict in the Middle East that began on February 28. The unrest has added pressure to international trade and stability.
Earlier projections had suggested modest growth. The Banque de France estimated expansion of up to 0.3%, while INSEE had revised its forecast down to 0.2%. The latest figures confirmed no growth at all.
The flat performance highlights the slowdown in France’s economic momentum. External shocks and weak internal demand continue to weigh on recovery prospects.
Economists warn that prolonged stagnation could affect employment and investment, especially if global instability persists.
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