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AB 2000 studies

Alain Boublil Blog

   

Archives May 1, 2020

Growth : The worst is to be feared

INSEE has just published, along with its first estimation of the GDP evolution during the 1st quarter, figures of household goods consumption in March and inflation in April. These figures are important because they allow making a first analysis of the economic agents reaction to the lockdown measures adopted since March 16th. GDP has fallen by 5.8% compared to the previous quarter and household goods consumption by 17% compared to March 2019. Inflation, month on month, has been 0.1%, i.e. on one year 0.4%.

The GDP fall is especially alarming that it comes after ...

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