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France's annual average growth likely to be 0.9% in 2023: INSEE

19 Sep '23
2 min read
Pic: Shutterstock
Pic: Shutterstock

Insights

  • Economic activity in France is likely to be slow in 2023 second half, according to the National Institute of Statistics and Economic Studies.
  • The average annual growth this year is expected to be 0.9 per cent.
  • As an annual average this year, inflation is likely to stand at 5 per cent and core inflation at 5.2 per cent.
  • The morale of business leaders is weakening.

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