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France aims to end the crisis at the end of the year

2021-07-01T20:01:28.931Z


Household consumption and business investment will exceed their level at the end of 2019 at the end of December.


Better and better!

After the 5.75% of the Banque de France, INSEE advanced in its economic report “Return to the surface”, published on Thursday, on a tricolor GDP growth of 6% in 2021. According to its experts, the France submarine would thus return to the pre-crisis level of activity at the end of the year.

Something to rejoice in the Castex government, which for its part is still banking on growth of 5% this year, after a recession of 8% in 2020.

This rapid recovery puts Paris in a good position on the world stage.

After the United States, which returned to their pre-crisis activity this spring, Germany is set to precede France by a few months.

The United Kingdom, Italy and Spain will follow.

The INSEE projection is based on growth of 3.4% in the third quarter and 0.7% in the fourth, under

"the assumption of the absence of new severe health restrictions

,

"

said Julien Pouget, the chief of the business cycle department.

Read also:

Covid-19: the health crisis leaves an astronomical bill

Even though the latest data

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Source: lefigaro

All news articles on 2021-07-01

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