Bank of France sees inflation returning to 2 percent

Governor Francois Villeroy de Galhau expects inflation to reach the 2 percent target by 2027. He also noted France should avoid a recession during 2026.

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Bank of France Governor Francois Villeroy de Galhau expects inflation in France to return to 2% by 2027 following a 2026 energy-driven spike. Villeroy projects 2026 inflation will fluctuate between 2% and 3% before stabilizing over the next two years.

Energy Shocks Drive 2026 Price Volatility

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