The Banque de France on Tuesday lowered its growth forecast for the French economy to 0.25% for the first quarter, against +0.5% previously, a consequence of the first repercussions of the war in Ukraine, in particular on industry.
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“After having returned to its pre-crisis level during the third quarter of 2021, earlier than the European average, GDP (gross domestic product) should continue to grow”
, but in a
“more moderate way, due to the international environment “
, Estimates the Banque de France in its monthly economic survey.
