Paris Olympics Boost French Economy in Q3, But Outlook Dims

The 2024 Paris Olympics contributed to a temporary economic uplift, yet experts warn of stagnation in the coming months.

France's GDP grew by 0.4% in the third quarter of 2024, largely due to the economic impact of the Paris Olympics.
The Olympic Games contributed approximately 0.2 percentage points to this growth, as reported by INSEE and the Bank of France.
Despite the summer boost, economic forecasts predict zero growth for the fourth quarter as the Olympic effect wanes.
Business investments have been hampered by political uncertainty, with confidence indicators showing a decline in October.
Credit rating agencies Fitch and Moody's have placed France under a 'negative outlook,' signaling potential future economic challenges.