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Statistiques et études
World in turnmoil, growth losing steam
World in turnmoil, growth losing steam
Economic Outlook - march 2025
Conjoncture in France
Paru le :
Paru le
21/03/2025
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Conjoncture in France
- March 2025
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Overview
French economic outlook
Focus – In 2025, the effects of fiscal consolidation on growth are expected to be moderate, affecting companies’ financial situation and, to a lesser extent, household purchasing power
Economic activity
Focus – Five years after the health crisis, where does the French economy stand compared to its potential?
Foreign trade
Employment
Unemployment
Consumer prices
Wages
Household income
Household consumption and investment
Focus – In 2024, intentions to buy a car declined further for younger people and households in urban
Focus – Household consumption during the holiday season: between “Black Friday” and the winter sales, habits are changing
Entreprises’ earning
Focus – Since the health crisis, fluctuations in corporate margin rates have been due mainly to the energy and transport services
Corporate investment
Focus – Since mid-2024, the transmission of base interest rate cuts to French corporate lending rates has been hampered by the reduction in the ECB’s balance sheet, political uncertainty and bond yield movements in the United States
International economic outlook
International synthesis
Energy and commodities
Eurozone
Focus – Why has industrial production held up in France and Spain for the past two years, while declining in Italy and Germany?
United Kingdom
United States
China
Focus – In France, in 2024, the change in the ecological bonus and the introduction of customs barriers by the European Union led to a collapse in imports of Chinese electric vehicles, to the benefit of Germany
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