Sluggish growth and rising inflation: the specter of recession hanging over France
DECRYPTION - For the second time in the space of three quarters, growth turns out to be negative, reducing the forecasts for 2026 and 2027 to nothing. And making the recovery of public accounts even more complicated.
The scent of recession hangs over the French economy. Technically we are not there - this requires two quarters of negative growth in succession - but it is just like that. After a first quarter of 2026 marked by a gross domestic product falling by 0.2%, a second at 0% leaning very slightly into the positive, now the third is also plunging into the negative, by 0.1%, INSEE announced this Friday.
Although it may be a gloomy time, this new data came as a surprise, with the National Statistics Institute having predicted an increase of 0.1% in its latest forecast. This is how over the last four quarters, growth is very slightly negative at 0.07%, specifies INSEE. Quarter after quarter, France therefore confirms its status as the red lantern of Europe.
According to Eurostat data published the same day, it is dead last in the ranking, tied with Lithuania.
Machine-translated from French
Not cross-checked yet
Only Le Figaro reports this story so far. We show it as a single source until another newsroom confirms it.
- Le Figaro30 Oct, 20:15
| Publisher Le Figaro (established tier) | +76 |
| Detailed summary | +2 |
| Total | 78 |
Method: reports are grouped by the words of their headline and summary; each newsroom counts once; figures are read from the reports as published. Nothing here is written by an AI.