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Edition 24 October 2018 - Crédit Agricole S.A.
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  • Edition 24 October 2018

    France: 2018-2019 Scenario

    The first half was marked by a certain desynchronisation among the main economic regions. Growth remained upbeat in the United States and fairly stable in the eurozone, while some emerging countries experienced specific difficulties. In France, the growth outlook has been revised down slightly. After 2.3% growth in 2017, we are forecasting further fairly robust growth in 2018 and 2019 at 1.6% a year.

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  • Contents:

    - Overview
    - Focus: 2019 budget
    - Recent activity trends
    - 2018-2019 Scenario: further robust growth

  • Extract:

    Following some very dynamic growth at year-end 2017, it slowed significantly in the first half of 2018. The slowdown seems temporary, and can be partly justified by the timetabling effect of implementing tax measures, poor weather, and the effects of strike action. In addition, the September activity level surveys suggest that growth may be more sustained in the second half of the year.

  • France: lead indicator for GDP growth

    Our leading indicator for GDP growth suggests that growth will rebound in Q3, forecasting 0.6% GDP growth quarter-on-quarter in Q3.

    France: lead indicator for GDP growth
  • Associative topics : Economics | France

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