Prior quarter growth stood at +0.2%.
French economic growth was revised down to -0.1% in the first quarter of the year, marking a contraction from the preliminary estimate of 0.0% and reversing the expansion seen in the previous quarter.
The downward revision paints a concerning picture, particularly as much of the drag was concentrated in March, with the ongoing Middle East conflict weighing on economic activity.
With conditions appearing set to deteriorate further in the months ahead, the prospects for an improved outlook in Europe's second-largest economy look increasingly dim heading into summer.
As a result, a technical recession now looms for France, with stagflation concerns widely expected to intensify in the coming weeks.
Why it matters
A contraction following a prior quarter of expansion means France is one more negative quarter away from meeting the technical definition of a recession — a threshold that now appears within reach.
Much of the drag was concentrated in March, suggesting the weakness was not evenly distributed across the quarter and may reflect a sharper deterioration than the headline figure implies.
Stagflation concerns — where slowing growth coincides with persistent inflation pressures — are particularly difficult for policymakers to address, as measures to support growth can conflict with efforts to contain prices.
