Barely published, already outdated.
While France begins its second confinement this Friday, the magnificent rebound in activity in the third quarter is already part of ancient history - GDP grew by 18.2%, INSEE has just announced.
It no longer augurs, as we could still hope a fortnight ago, a solid recovery movement in the shape of a bird's wing ... After the assumptions of recovery in V, L, K or square root, it is is unfortunately the scenario in W which is essential.
The country is preparing to plunge back into a recession, which promises to be painful for the economic and social fabric.
In 2025, France will still be marked by the crisis
Today, activity is still 4.3% below its level at the end of October 2019. Due to the closure for at least four weeks of all businesses deemed non-essential, the stall will inevitably increase.
In April, the loss of activity had reached 29%.
However, the executive hopes to better reconcile, for this second edition, health imperatives and preservation.
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