Bank of France cuts 2026 growth forecast to 0.4 percent
The Bank of France lowered its 2026 growth forecast to 0.4 percent as cautious consumers rein in spending and businesses hold back investments amid ongoing economic and geopolitical uncertainties.
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France lowered its growth forecast to 0.4% for the year Tuesday as cautious consumers and businesses hold back spending. The revision follows stalled activity in the euro zone's second-biggest economy during the first half of the year. Investors are scaling back expectations as higher borrowing costs and energy uncertainty weigh on domestic demand.
