Moderate consolidation and renewed growth Economic Outlook - december 2025
Energy and commodities
The global oil oversupply has helped to stabilise crude prices at a moderate level: the Brent price assumption used in the forecast is $63 per barrel. Downward pressures remain strong, with production driven notably by OPEC+ countries, and global demand remains sluggish. Industrial commodity prices are generally stable or trending downwards, with the exception of precious metals, which are hitting record highs, particularly gold in its role as a safe-haven asset. The prices of certain food commodities, particularly tropical products, remain high, with exceptional climate events still adversely affecting production...
Conjoncture in France
Paru le :19/12/2025
