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Bercy's forecasts for French growth are yoyoing

2022-09-14T18:39:05.443Z


Bruno Le Maire announced a revision of the growth included in the 2023 budget. It is to lose his Latin for who tries to follow and understand the economic situation of France. While on Tuesday he revised down the growth of France for 2023 (by reducing from 1.4% to 1% the forecast for GDP growth for next year made two months ago), Bruno The Mayor also revised it this Wednesday, but upwards and this time for the current year 2022. "France is having a good year in 2022 ," welco


It is to lose his Latin for who tries to follow and understand the economic situation of France.

While on Tuesday he revised down the growth of France for 2023 (by reducing from 1.4% to 1% the forecast for GDP growth for next year made two months ago), Bruno The Mayor also revised it this Wednesday, but upwards and this time for the current year 2022.

"France is having a good year in 2022

," welcomed the Minister of the Economy, Finance, and Industrial and Digital Sovereignty in the political morning of

CNews

.

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Despite the geopolitical tensions which have multiplied since the beginning of the year (war in Ukraine, relative closure of China, etc.) and the energy crisis which has resulted everywhere in the world in soaring gas bills and electricity,

"consumption is holding up"

,

"business investment is holding up"

and

"job creation remains very dynamic"

, justified Bruno Le Maire in particular, who assessed the growth acquired to date for France for 2022, and is now targeting 2.7%.

“The fundamentals of the French economy are solid”

, insisted the Minister of the Economy again, as if to ward off the fate of the poor macroeconomic forecasts (growth at 1% therefore, but also inflation at 4.2%, deficit at 5% or debt at 111.2%) presented this Tuesday as part of the draft budget for 2023 and considered particularly gloomy (a bit too much, no doubt) by many experts…

Source: lefigaro

All news articles on 2022-09-14

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