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France: Banque de France anticipates a decline of around 15% of GDP in the second quarter

2020-06-09T23:56:41.732Z


The Banque de France anticipates a fall of around 15% in gross domestic product (GDP) in the second quarter, marked by a month and a half of confinement, then a gradual recovery from the start of deconfinement on May 11. " Activity rebounds in May (...) while remaining at a level far below normal ", with a loss of activity estimated at -17% over a typical week in late May compared to normal, agai...


The Banque de France anticipates a fall of around 15% in gross domestic product (GDP) in the second quarter, marked by a month and a half of confinement, then a gradual recovery from the start of deconfinement on May 11.

" Activity rebounds in May (...) while remaining at a level far below normal ", with a loss of activity estimated at -17% over a typical week in late May compared to normal, against -27% in April and -32% in late March, detailed the French central bank in its monthly business survey.

Source: lefigaro

All business articles on 2020-06-09

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