Central Banks
France’s Economy Is Falling Behind as Europe Gradually Recovers
Tourists in the Tuileries garden in Paris.
Photographer: Benjamin Girette/BloombergFrance’s economy is falling behind the rest of Europe with weakness across the board — just as uncertainty over budget cuts looks set to return, according to the statistics office.
The 0.6% increase in gross domestic product in 2025 will be less than the euro-area average for the first time in three years, Insee forecasts published Wednesday show. After rising just 0.1% in the first quarter, GDP will advance 0.2% in each of the next three.