The French Central Bank expects moderate economic growth in the fourth quarter, warning of rising uncertainties
2026-11-10 04:08:35
According to CoinMeta, the French Central Bank expects the French economy to resume moderate growth in the fourth quarter, but the uncertainty brought about by political, fiscal, and social situations has significantly increased. The bank's monthly survey of 8,500 companies indicates that industrial and service sector activities expanded in October, and growth is expected to continue in November. However, the construction industry is near stagnation, with companies expressing growing concerns about the political situation, fiscal conditions, and fuel prices. The French Central Bank notes that businesses and households are becoming more cautious, leading to project delays and extended decision-making cycles, making the business outlook for the coming months even more uncertain. In addition, companies have limited ability to pass on rising costs to sales prices; only 12% of industrial companies and 9% of service companies raised prices in October. French Central Bank Governor Emmanuel Moulin previously stated that due to recent weak economic data, the bank may lower its economic growth forecast for 2026, which is currently at 0.4%.
Source:Jin10 Data
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