The Banque de France revises growth downward for 2024, to 0.8%. The institution envisages a rise in unemployment but confirms the decline in inflation and a resumption of growth in 2025.
The consumer price index, after an increase of 5.7% over the whole of last year, should settle at 2.5% this year. Wages will not be a driver of inflation since economists predict a “ lesser increase in wages in the short term ” This slowdown will help disinflation but could slow the recovery in consumption.