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AB 2000 studies

Alain Boublil Blog

 

FRANCE : Zero growth during the 1st quarter

The publication by INSEE of its first estimation of the French growth during the 1st quarter has surprised and disappointed. GDP has stagnated. During the same time inflation reached year on year 4.8% and it was not needed more for the spectre of stagflation to be reminded, the worst situation an economy can know with, in the same time inflation and the growth stoppage, which frequently constitutes the preliminary signal of a recession. These worries are yet excessive and the figures are less alarming than they look like because this stagnation occurs after a strong rebound in 2021 ...

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