[HIGHLIGHTS] The French economy has been at a standstill for six months

In 2023, French GDP increased by 0.9%, thanks to the spring surge. The outlook for 2024 is gloomy.

The growth gain for this year, that is to say the level of growth if activity no longer progresses, is limited to 0.1%. Under these conditions, Bercy's forecast of GDP growth of 1.4% for 2024 cannot hold. The French are notably limiting their food purchases (-1.1% in the fourth quarter after -4.7% over the year)