French GDP shrinking in the last quarter
Activity contracted during the last 3 months of 2019. Growth for 2020 promises to be more difficult.It will be less than 1% after 1.2% in 2019. French growth was negative…
Philippe Waechter's blog
Business investment profile is still worrisome
The pace of capital goods orders in Germany in March suggests a further slowdown in investment in OECD countries over the coming months. Orders are down 5.9% year-on-year and this…
Long-lasting shock on the world economy My weekly column
Concerns and uncertainties on world economic activity having been gathering pace since the fall. The swift decline in world trade reflects this change in pace, moving into the red with…
The inevitable Chinese slowdown – My weekly column
This post is available in pdf format My Weekly Column – January 28th Growth in China slowed again in 2018, with an average of 6.6% across the year vs. 6.9%…
France ready and set for growth
French economic growth is set to step up a pace in 2017 and 2018. It will benefit from a more buoyant world context, which has been visible in the surge…
My Macroeconomic column in 8 points (October the 26th)
Published in French on October the 26th – Data expected this week but already published are briefly discussed. 8 points to keep in mind this week to highlight the macroeconomic…
My Macroeconomic Column in 10 points (October the 12th)
Ten macroeconomic points to keep in mind this week 1 – The IMF has revised on the downside its forecast. In 2015 the world GDP will grow by 3.1% after…