In Q4 2022, French GDP slowed further (+0.1%, according to the detailed results from the quarterly accounts, after +0.2% in Q3). Activity proved to be resilient in a context affected by continuing tensions, mainly regarding energy prices and supply chains. Energy-saving behaviour combined with the mild temperatures certainly helped the economy to resist over the last months of 2022. Notably, apart from the manufacture of coke and refined petroleum products, which was affected by strikes in October, output in the manufacturing branches fell back only moderately, despite a significant drop in energy consumption by businesses in the sector. Households also demonstrated energy-saving behaviour: their consumption declined substantially in Q4, mainly of energy products. All in all, across the whole of 2022, economic growth was +2.6%, after +6.8% in 2021...