The Banque de France lowers its development forecast to 0.7 % for 2025 | EUROtoday

The Banque de France lowered barely, within the projections printed Wednesday, March 12, its development forecast for 2025: gross home product ought to solely enhance by 0.7 % this yr, as an alternative of the 0.9 % anticipated in December 2024. In query, enterprise investments and exports, which may undergo from the worldwide context, whereas consumption, it might be moderately higher oriented. The establishment offers that it elevated by 1 % in 2025 as an alternative of 0.9 % initially deliberate.

“The keyword remains uncertaintyexplained Olivier Garnier, director general of statistics, and studies, by presenting these projections. Even if, since December, she has changed in nature. It then focused on France’s budget: it mainly concerns the international today. »» Note that these projections were carried out based on the data collected in February, and closed in early March: they therefore do not take into account the impact of the commercial policy of the American president, Donald Trump.

For Mr. Garnier, this protectionist push will result “By extra inflation within the United States, within the case of Europe, the primary impact shall be moderately much less development”. France “Is moderately much less uncovered than different nations to American markets”due to the structure of foreign trade, but risks undergoing the wrong customs duties on the German economy, its first trading partner. Another possible consequence of Donald Trump’s commercial policy: deprived of outlets on the American market, Chinese exporters will seek to increase their market share in Europe.

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