Reflections on pensions in France
Discussions in France about retirement often give the impression that pensions have to correct a large part of the inequalities of the working period.They suggest an at least partial dissociation…
Philippe Waechter's blog
French households concerned but not worried
Households do not like the uncertainty caused by the social movement since December. Until then their outlook was very optimistic. They are less so, but do not show any break.…
A robust French Economy despite the strike
The Markit survey for France does not suggest in December an inflection that can be linked to the social movement. The economy’s capacity to adapt is stronger than we imagine…
France – Robust but unenthusiastic growth
GDP growth in France was 1% in Q3 versus 1.1% in the first quarter and 1.4% in the second (annual rate). The carry over for 2019 at then end of…
French Households are optimistic
French households are optimistic. INSEE the French statistical institute has just released its consumer confidence survey for August. The synthetic index is 2% above its historical average. Last November, at…
Strong Labor Market in France
French employment is growing rapidly. 92 800 jobs have been added during the 1st quarter 2019. It’s more than the most optimistic forecasts and this figure is close to those…
French growth fails to accelerate in the first quarter despite measures on purchasing power
French GDP growth decelerated slightly in the first quarter of 2019 even though the rounded figure stands at 0.3% (non-annualized) as in the previous two quarters. Despite the stimulus measures…
The French GDP will accelerate in Q1
The French GDP for the first quarter of 2019 will be published Tuesday morning at 0730. After a figure of 0.3% (non annualized figures according to the French tradition) over…