RaboResearch - Economic Research

Economic Update Dutch version

Economic Update France

The French economy appears to be closing the year strongly in 10Q4, fuelled partly by robust private consumption. When consumers will be restrained in 2011 by austerity measures and slower growth of purchasing power, producers could step in to fill this gap with rising investments. Despite their rising (foreign) order outlook, limited domestic demand and low capacity utilisation mean this scenario is far from certain.