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Competitiveness: the worrying decline of French industry

2021-06-21T03:57:26.909Z


EXCLUSIVE - While the situation has improved in recent years, the 2020 crisis has turned the tide. For Le Figaro, the Rexecode institute takes stock.


The health and economic crisis is getting farther and farther away.

In the four corners of the world, activity has picked up again and the economies are gradually recovering.

According to the latest projections, European growth should approach 5% and French GDP grow by nearly 6%.

An auspicious rebound, but obviously technical after the collapse of more than 8% in the year of the Covid-19 crisis.

Because France is obviously coming out of this unprecedented pandemic damaged.

For

Le Figaro

, the Rexecode conjuncture institute has compiled a multitude of figures which show to what extent its competitiveness, already largely weakened for years, is further degraded compared to its main neighbors.

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To illustrate this, Rexecode cites a flagship indicator: export market shares - which allow countries to be compared to each other.

France had lost a lot of ground, from the 2000s, when Germany was gaining it.

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Source: lefigaro

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