France: Inflation up, GDP Down, According to INSEE
7 Articles
7 Articles
Despite declining GDP and rising inflation, the government "remains vigilant, without giving in to alarmism," says Minister of Economy Roland Lescure.
In its provisional estimates published this Friday, the National Institute of Statistics indicates an acceleration of inflation and a fall in GDP, in a troubled geopolitical context.
The blockade in the Strait of Ormuz continues to affect the activity of France, reports INSEE, with its results on GDP and consumer prices, published this Friday.
GDP contracted slightly as inflation continued to rise and unemployment rose. The first effects of the crisis in the Middle East were felt and no engine of growth offset this slowdown.
French gross domestic product (GDP) fell by 0.1% in the first quarter, while inflation increased by 2.4% over a year.
GDP down, inflation up: the French economy suffers GDP down, inflation up: the French economy suffers dahlia.girris Fri 29/05/2026 - 12:23 CB+
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