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Recovery is long overdue
Recovery is long overdue
Economic Outlook - March 2024
Conjoncture in France
Paru le :
Paru le
29/03/2024
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Conjoncture in France
- March 2024
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Overview
French economic outlook
Focus - Aeronautical activity in France is still below its pre-crisis level, but could be ready to take off again in 2024
Economic activity
Focus - The relaunch of aeronautics and the depressed energy-intensive industries account for the exceptional divergence in short-term situations within industry
Foreign trade
Employment
Unemployment
Consumer prices
Wages
Household income
Household consumption and investment
Entreprises’ earnings
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International economic outlook
International synthesis
Focus - A negative shock for Chinese domestic demand is expected to have limited effects on French GDP
Energy and commodities
Eurozone
Focus - By June 2024, the easing of inflation in the main Eurozone countries is likely to be limited with several measures to assist households coming to an end
Focus – Construction in France and Germany is expected to be penalised by a lack of demand, but should be bolstered by recovery plans in Italy and Spain
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China
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