RaboResearch - Economic Research

Economic Update

France: at last, economic growth

Real GDP growth in France increased by 0.3% q-o-q in the third quarter of 2014. We expect private consumption to keep growing and act as the main driver of growth in 2015.

Special Dutch version

Outlook 2015

In the Outlook publication, Rabobank presents her yearly economic predictions for the coming year. The macroeconomic ‘Outlook 2015’ is published alongside the Thematic booklet ‘Prosperity in the new economic reality’.

Economic Update

France: recovery remains weak

Recent data show that the French economy did not grow in the first half of 2014 and the outlook for the second half is muted. Furthermore, the labour market remains weak and we expect unemployment to decrease at the end of 2015.

Economic Update

France: recovery stuck in the starting blocks

The French economy registered growth of 0.0% in 2014Q1 q-o-q, caused by weak consumer spending, poor business investment and declining net exports. We expect these trends to continue and expect therefore a very modest recovery going forward.

Country Report

Country Report France

In the short-term at least, further fiscal austerity and weak employment growth will continue to constrain economic growth. Furthermore, the French economy faces many structural challenges, but still has robust fundamentals.

Economic Update

France: Consumption driven recovery

Recent data show that the economic recovery remains in place, albeit very gradual. Ongoing real wage growth will make sure that household consumption –once again- will remain an important driver of GDP growth this year.