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Growth: 2021 will remain a good year in France

2021-11-30T18:24:03.278Z


DECRYPTION - French GDP jumped 3% in the third quarter, according to INSEE. It remains to be seen what impact the fifth wave of Covid-19 will have on the sequel.


INSEE confirmed this Tuesday the pace of French growth between July and September, at 3%,

"a figure that is beyond our expectations"

, Bruno Le Maire had already rejoiced when the figure was published. provisional a month ago.

This summer dynamism had even prompted the OECD to revise its forecast for a rebound in tricolor GDP for this year to 6.8%, a notch beyond the 6.25% corrected by the government in the amending finance law for 2021.

See also

The European executive benevolent towards France, but worried about the sustainability of its public finances

"In terms of the trajectory of the recovery

,

France is doing better than the European average

," indicates Charles-Henri Colombier, economic director at Rexecode.

Instantly, current growth remains better in France than in Germany, even if it is necessary to underline one caveat: the hexagonal activity is essentially supported by non-market services

(administrations, Editor's note)

, this which illustrates the Keynesian, even short-termist dimension of the recovery

.

»

France also does better than its neighbors

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Source: lefigaro

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