French economy set for only 0.4% growth this year, says INSEE
21 Articles
21 Articles
In its latest economic report, presented on Thursday, September 10, INSEE points to a French economy that is "pale" compared to the euro area. By the end of the year, growth is expected to hardly reach 0.4%, unemployment is taking off and purchasing power is falling.
The National Institute of Statistics is revising its economic outlook for the year 2026 downwards, pointing to a drop in French activity compared to its European neighbours.
French economy set for only 0.4% growth this year, says INSEE
ledauphine.com
For the Institute, the French economy "takes off" compared to its European neighbours. The fault of the heat wave or the complex budgetary situation.
The National Institute of Statistics highlights "the hot summer episodes" and "the closure of the Strait of Ormuz".
The growth forecasts are now 0.4% for the year 2026. A "drop-out" compared to what was anticipated by INSEE. - The INSEE significantly lowers its growth forecast for France in 2026, to 0.4% (Economy).
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