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French Market: Shifting Summer Holiday Habits Impacting Business Expectations

French GDP growth was 0.2% in the second quarter of 2023, just like in the first three months of the year. As for acquired growth, in the first six months of 2023 this comes in at 0.5%. In other words, even if growth is zero in the second half of the year, France will still record an increase of half a percentage point in its gross domestic product for 2023. By Benoit Brecq After 2.6% in 2022, the government is forecasting 1% GDP growth for 2023 as a whole. This weak economic activity can be…