Report
Hadrien CAMATTE

France: Olympic growth?

French GDP growth should benefit from an “Olympic Games” effect in the 3 rd quarter and be around +0.4% QoQ , with additional growth of around +0.25 pp linked to the Olympic s . Ticket sales and broadcasting rights are recorded in the quarter in which the event takes place, i.e. in the 3 rd quarter. This positive effect related to the Olympic Games is nevertheless temporary, with a backlash of a similar magnitude to be expected in the 4 th quarter. For 2024 as a whole, French growth is expected to come in at 1.3%, benefiting from a solid start to the year. The effect of the Olympic Games should be around +0.1 pp.
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Hadrien CAMATTE

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