The Banque de France forecasts “a marked slowdown” in activity in 2023

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For its governor, François Villeroy de Galhau, growth should reach “at least” 2.3% this year.

The Banque de France is slightly less optimistic than the government about growth this year. For its governor, François Villeroy de Galhau, the GDP should grow by 2.3% “at least”, he explained to West of France. A few days ago, Bruno Le Maire, Minister of the Economy, had 2.5%.

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“The increase The French resists, it is solid. The facts are there, the numbers are there. Today we have sustained growth. I maintain the forecast at +2.5% for 2022, it is one of the best data in the euro zone”, he indicated.

Recession: nothing can be ruled out

For next year, the Banque de France shows, however, a certain pessimism. “France should experience a sharp slowdown in 2023,” but not a recession, says François Villeroy de Galhau.

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At the European level, the governor says “that a recession is not seen (but) that nothing can be ruled out.” “Not in 2022, very clearly. For 2023 nothing can be ruled out in the period of great uncertainty that we are experiencing.

>> More information to come on BFM Business in a few moments. Also watch BFM Business live on video and follow us On twitter.

Author: Olivier Chicheportiche
Source: BFM TV

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