The Bank of France Rises Its Growth Forecast to 0.2% in the Second Quarter
9 Articles
9 Articles
This revision could allow the annual growth to "come closer" to the government's forecast for the whole of 2026, i.e. 0.7%.
On July 9, 2026, the Bank of France announced an unexpected revision of its economic forecasts. Gross domestic product (GDP) growth for the second quarter of 2026 would finally reach 0.2%, compared with an initial estimate of 0% announced a few weeks earlier. If this figure may seem derisory, it marks a turning point in the French macroeconomic outlook and brings the country closer to the government target of 0.7% for the whole year. This announ…
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With this revision, the Bank of France expects an annual growth of 0.5% in 2026. The heat wave would not have had a significant negative effect.
After a decline of 0.1% at the beginning of 2026, GDP would grow by 0.2% in the second quarter, driven by the services and the adaptation of enterprises to the high heats. But agriculture at dull, geopolitical tensions and inflation maintain a high level of uncertainty.
According to the IMF, global growth would be only 3 per cent by 2026 and for our country it should not exceed 0.6 per cent. For the International Monetary Fund "the economy has resisted better than expected the shock caused by the war in the Middle East, thanks in particular to the scale of investments in artificial intelligence" [...]
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