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French Market Insight: Consumers Exercise Caution As Prices Rise

Much like the almost summery October weather, and despite being handicapped by continually soaring prices, the French economy is refusing to go into winter. By Benoit Brecq Productivity in the third quarter slowed down, with gross domestic product up by just 0.2% after 0.5% in the previous quarter, but still on the up. So for 2022, the growth forecast was 2.5% at the end of September, a figure slightly below the President’s forecast of 2.7%. Inflation, on the other hand, is much more…