The French GDP ultimately grew by 0.6% and not 0.5% over the first three months of the year. A performance identical to that of the eurozone.
A performance identical to that of the eurozone over the same period, which makes it possible to achieve the government’s annual growth target, set at 1.5% for 2016, beyond the 1.3% growth expected by the European Commission, but in line with the IMF’s forecast, revised last week from 1.1% to “nearly 1.5%”.
In fact, several positive indicators have been published successively in recent days. The number of job seekers fell in April for the second consecutive month, by nearly 20,000 after 60,000 in March. A performance unseen for 5 years.
Furthermore, household confidence improved in May to reach its highest level since October 2007. In particular, households’ opinion on their future financial situation is improving significantly, while the fear of unemployment is declining. In May, the proportion of households considering it a good time to make major purchases increased significantly.
