French Economy Expected to Grow 0.8% in 2025, According to Finance Minister


PARIS, Dec 7 (Reuters) – Unless there is a sharp reversal in ​the final three months ‌of the year, the French economy is likely ‌to grow by at least 0.8% in 2025, outpacing the 0.7% that the government had anticipated, Finance ⁠Minister Roland ‌Lescure said on Sunday.

“We will most likely exceed the ‍government’s growth forecast for this year. We had predicted 0.7%, but I think ​we will have at least ‌0.8%. That’s good news,” Lescure told LCI television.

“So we would really need to have a bad fourth quarter, which I don’t believe will ⁠happen, for us ​to be below 0.8%, ​so 0.8% is within reach,” he added.

France’s economy grew 0.5% ‍in the ⁠third quarter, final data from statistics office INSEE showed in ⁠November, reflecting resilience in the euro zone’s second-largest ‌economy.

(Reporting by Dominique Vidalon, Editing ‌by Louise Heavens)



Source link


Posted

in

by

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.