The form of the recovery is identical in France and Germany if we follow the activity indices published by Insee in France and Cesifo in Germany
The magnitude of the break was similar and the rebound is similar. This is good news for the Euro zone.
These two main economies are rapidly catching up to their average level of activity. The recent acceleration in production is the first step. The second will be a recovery in demand. The indicators in France are still insufficient to be completely reassured