After unemployment rates, it is now economic growth’s turn to shine and make people more confident about the near future.
Economic growth reached 0.6% compared to the first quarter of 2017, according to Eurostat. The European statistics institute also reports that inflation stabilized at 1.3% in July.
These three figures – growth, unemployment, and inflation – are slightly better for the eurozone as a whole than just for France.
France is relatively lagging behind in the continental recovery, but the trend is positive.
The “C” factor continues to play in favor of President Emmanuel Macron, who, in a favorable context, will have more ease in implementing his reforms.
This annual rate is the highest since the second half of 2011 when the spread of the Greek financial crisis to southern countries led to a second recession, less severe than that of winter 2008-2009, but also longer-lasting.
