French Economy: OFCE Announces Low Growth of 0.5% for 2027
4 Articles
4 Articles
Energy, budget, rising rates... Weakened by various shocks, France's growth is expected to be limited to 0.5% by 2027, according to the economists of the research centre, in previews made public on Wednesday.
Whatever fiscal policy is implemented next year, the Institute shows that the government deficit would not be reduced, even with significant cuts in spending, as it would weigh on growth already very low.
The OFCE forecasts growth of only 0.4% in 2026 and 0.5% in 2027 for the French economy, twice as much as government expectations. The public deficit would fall only marginally despite 43 billion euros...
In its new forecasts published this Wednesday morning, the French Institute of the Economy sets out, for next year, on a growth twice as low as that of the government.
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