2023-07-29 09:23:43
Posted Jul 29, 2023, 11:09 AMUpdated on Jul 29, 2023 at 11:23 am
Economic activity in France increased by 0.5% in the second quarter according to the first estimate of INSEE. Were you surprised?
This figure in the second quarter is flattering and is significantly higher than what was expected by Insee or the Banque de France. However, it must be put into perspective. When we go into the detail of the data, the picture remains that of a sluggish economy. The good surprise comes from the rebound in exports, and in particular from the delivery of a cruise ship abroad.
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