French central bank trims growth outlook as demand softens
7 Articles
7 Articles
This slight downward revision is due in particular to lower growth in the first quarter than expected.
Despite this downward revision, the institution believes that the French economy is a "resisting economy". Low household consumption, the loss of dynamism of private investment and the small contribution of foreign trade weigh on the country's activity.
French central bank trims growth outlook as demand softens
PARIS, Sept 15 (Reuters) - France faces sluggish growth this year as consumers rein in spending and businesses hold back investment over uncertainty about energy prices, public finances and geopolitical tensions, the central bank said on Tuesday, trim...
The institution no longer expects only 0.4% growth in 2026, compared to 0.5% announced in June. The fault of households that consume little, of companies... Read more French growth skates, the Bank of France further lowers its forecasts appeared first on Le Singulier.
The Bank of France anticipates growth of 0.4% this year, but unlike the INSEE, the financial institution highlights the resilience of the economy to "contrary winds." In unison with the government.
Far from the alarming presentation of INSEE, the central bank's macroeconomic projections focus instead on the resilience of the French economy, which is experiencing a difficult transition in 2026 but is expected to rebound next year.
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