RaboResearch - Economic Research

Economic Update Dutch version

Economic Update France

Based on persistent weak sentiment we lowered our growth forecast for 11H2. We believe the uncertainty surrounding the European debt crisis will weigh on France’s economic activity going forward.

Economic Update Dutch version

Country Update France

Based on disappointing macro data in 11Q2 and a fall in confidence levels, we have decided to revise our GDP-growth forecast for both 2011 and 2012 slightly downwards. Private investments will continue to play their role as a stable growth driver.

Economic Update Dutch version

Country Update France

After the robust growth figure in 11Q1 (+0.9% q-o-q) France’s economy seems to have hit a soft-patch. First of all, the austerity measures have started to take their toll on private consumption.

Country Report

France (Country report)

The French economy recovers gradually and the outlook for the coming years is that the economy will stick to this path of moderate economic growth.

Economic Update Dutch version

Economic Update France

France’s GDP grew in 2010 with 1.5% y-o-y and this year we expect a similar moderate growth. Given a high level of producer confidence we foresee a strong increase in private investment

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.