
French Market: Watersports’ Changing Popularities Underpinned By Strong Wetsuit Sales
The French economy has to get ready for a hard landing. Russia’s invasion of Ukraine and the knock-on effects are disrupting all the potential scenarios put forward thus far by forecasters. By Benoit Brecq While our executive still maintains his estimated 4% GDP growth in 2022, everyone else seems to be revising their forecasts for the worse. Banque de France are now charting growth of 2.8% depending on the price of a barrel of oil. Productivity growth may come in at around 2.5%-3%, far from…