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Macro - Country Economic Forecasts - France

Publisher Oxford Economics
Published Mar 13, 2026
Length 9 Pages
SKU # OFE21076975

Description

We left our GDP growth forecast for France unchanged at 0.9% in 2026. The near-term outlook is weaker than before due to the inflationary shock stemming from the US/Israel war on Iran, but this was offset by upward revisions to previous quarters in the latest GDP release. Weaker momentum will translate into lower growth in 2027 too, when we expect the economy to grow by 1%, a 0.1ppt downward revision.

Table of Contents

9 Pages
France: Higher oil prices will drive a rebound in inflation
Forecast overview
Recent developments
Short
term outlook
Key drivers of our short
term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long
term prospects
Alternative long
run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

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